Blockline and Associate Ltd are sellers of light crude oil and other petroleum products. We also sell and lease out marine equipments, construction machinery and other equipments.
We sell Crude Oil, D2, AGO and other Petroleum product such as:
Nigeria Bonny Light Crude Oil (BLCO, FLCO and ALCO, etc): We sell mostly on FOB, CIF, TTO and TTT/STS Basis.
Automotive Gas Oil (AGO) and D2: We sell mostly on CIF and TTT/STS.
Bitumen: We sell on CIF and FOB Basis
Marine Equipments/Machines:
We sell and lease all kinds of marine equipments/machines.
Well sell and lease all kinds of vessel e.g. oil tanker, cargo vessel, crew vessel etc.
We sell and lease tug-boats of all kinds.
We sell and lease barges and sea going barges.
We sell and lease dredgers, swamp-buggy, cranes of all kinds, tug-boats of all kinds bulldozers, etc.
Crushing machine of all kinds and screening plant: We sell on CIF and FOB Basis.
Steel and Metal:
We sell steel pipes and tubes of all kinds
We sell metals of all kinds.
GENERAL CONTRACTORS:
We are also into real estate, transportation, communications and more.
Baker Hughes, a GE company, announced today that the transaction combining GE’s oil and gas business with Baker Hughes is complete.
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Gazprom Neft PJSC has acquired a 25.02% stake (with the right to increase this to 50%) in Evrotek-Yugra. Evrotek-Yugra, owned by Spain’s Repsol, holds exploration and production rights to seven license blocks in the Khanty-Mansiysk Autonomous Okrug.
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Faroe Petroleum has announced the results of the Drill Stem Test (DST) on the 31/7-2 S Brasse appraisal well in the Norwegian North Sea (Faroe 50% and operator, Point Resources 50%).
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Statoil Petroleum AS, operator of production licence 532, has completed the drilling of wildcat well 7219/9-2. The well proved oil.
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In the heart of Canada’s biggest oil province, life is slowly returning to normal in Fort McMurray, Alberta. After a fire last year destroyed entire neighborhoods in the town and halted about 1 MMbbl of daily production, green leaves are beginning to bud on charred trees and new construction is replacing homes that were burned to the ground.
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Libya’s oil production has climbed to more than 1 MMbpd for the first time in four years, further complicating OPEC’s struggle to regain control of the oil market.
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