Want to trade Libyan Crude Oil, Diesel (D2) or Jet Fuel
Originating Country: National Oil Corporation (“NOC”)
Crude Oil: Messla and Sarir
Seller: Registered & Authorized by NOC
Indicative CIF and FOB Spot Price: Brent discount $US 1 with non-transferable LC or $US 2 per barrel with Transferable LC. Please note the better price is for a contract.
Quantity: 1 million BBL minimum. Up to 6+ million BBL per month
Commission: Buyer pays total maximum commission USD 1 per BBL
Commission Structure: Seller side is closed; Buyer side is opened. You must be direct to the Buyer. Commission is divided equally 50/50.
If Buyer is interested developing a business with our Seller, Seller would like to review Buyer's documentations FIRST.
1) Buyer provides Company Profile, latest financial statement or Bank Comfort Letter. The commercial references shall include recent transactions of oil or oil products (last 12 months), indicating the counterpart address and its personal contacts.
2) Buyer must accept our Seller’s procedure below.
3) Buyer acknowledges Seller does not provide documents through intermediaries or commission agents. In this line, Seller does not provide any document that could allow any intermediation in oil businesses.
PROCEDURE SALES OF CRUDE OIL
Crude Oil: Messla and Sarir
Seller: Registered & Authorized by NOC
Indicative CIF and FOB Spot Price: Brent discount $US 1 with non-transferable LC or $US 2 per barrel with Transferable LC. Please note the better price is for a contract.
Quantity: 1 million BBL minimum. Up to 6+ million BBL per month
Commission: Buyer pays total maximum commission USD 1 per BBL
Commission Structure: Seller side is closed; Buyer side is opened. You must be direct to the Buyer. Commission is divided equally 50/50.
If Buyer is interested developing a business with our Seller, Seller would like to review Buyer's documentations FIRST.
1) Buyer provides Company Profile, latest financial statement or Bank Comfort Letter. The commercial references shall include recent transactions of oil or oil products (last 12 months), indicating the counterpart address and its personal contacts.
2) Buyer must accept our Seller’s procedure below.
3) Buyer acknowledges Seller does not provide documents through intermediaries or commission agents. In this line, Seller does not provide any document that could allow any intermediation in oil businesses.
PROCEDURE SALES OF CRUDE OIL
- BUYER ISSUES LOI/ICPO WITH BCL FROM AN AA RATED OR HIGHER WORLD BANK
- SELLER ISSUES FCO
- BUYER RETURNS FCO WITH SIGNATURE TO ACCEPT FCO
- SELLER AND BUYER NEGOTIATE AND SIGN CONTRACT
- UPON SIGNING OF CONTRACT, BUYER ISSUE POF BANK TO BANK (OR PRE-ADVICE OF THE RDLC) FROM AN AA RATED OR HIGHER WORLD BANK.
- UPON SATISFACTORY RECEIPT AND VERIFICATION OF POF OR PRE-ADVICE, SELLER ISSUES VERIFIABLE PARTIAL POP WITHIN 10 BANKING DAYS.
- UPON SATISFACTORY RECEIPT AND VERIFICATION OF PARTIAL POP, BUYER ISSUES OPERATIVE IRREVOCABLE TRANSFERABLE RDLC PAYABLE AT SIGHT FROM AN AA RATED OR HIGHER WORLD BANK WITHIN FIVE BANKING DAYS.
- UPON SATISFACTORY RECEIPT OF RDLC, SELLER ISSUES 2% PB AND FULL POP WITHIN 10 BANKING DAYS.
- DELIVERIES AS PER THE CONTRACT.
Messla Specification
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Sarir Specification
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The Largest Oil Rig in The World - Perdido
Perdido is the deepest floating oil rig (platform) in the world at a water depth of about 2450 meters operated by the Shell Oil Company in the Gulf of Mexico.
Key facts:
Location: Gulf of Mexico, USA
Depth: ~2,450 metres (8,000 feet)
Fields: Great White, Tobago, Silvertip
Interests:
Host platform: Shell 35% (operator), Chevron 37.5%, BP 27.5%
Great White: Shell 33.34% (operator), BP 33.33%, Chevron 33.33%
Sivertip: Chevron 60% and Shell 40% (operator)
Tobago: Shell 32.5% (operator), Nexen 10%, Chevron 30%,Unocal 27.5%
Peak production: 100 kboe/d
Key contractors: Technip, Kiewit, FMC Technologies, Heerema Marine Contractors
First oil production: 2010
Key facts:
Location: Gulf of Mexico, USA
Depth: ~2,450 metres (8,000 feet)
Fields: Great White, Tobago, Silvertip
Interests:
Host platform: Shell 35% (operator), Chevron 37.5%, BP 27.5%
Great White: Shell 33.34% (operator), BP 33.33%, Chevron 33.33%
Sivertip: Chevron 60% and Shell 40% (operator)
Tobago: Shell 32.5% (operator), Nexen 10%, Chevron 30%,Unocal 27.5%
Peak production: 100 kboe/d
Key contractors: Technip, Kiewit, FMC Technologies, Heerema Marine Contractors
First oil production: 2010
Technology
Perdido is moored in around 2,450 metres (8,000 feet) of water, making it the world’s deepest spar. The spar acts as a production hub for three fields – Great White, Tobago and Silvertip. It gathers, processes and exports oil and gas produced from water depths of around 2,300-2,800 metres (7,500-9,500 feet). The Perdido production hub has the capacity to handle 100,000 barrels of oil and 200 million cubic feet of gas daily.
Environment and society
Social and environmental responsibility is a central pillar of Shell’s operations. Shell’s Gulf of Mexico operations have a long association with the city of New Orleans, and this is reflected in the contribution the company made to many recovery programmes after Hurricane Katrina in 2005. The Shell Coming Home campaign and sponsorship of the New Orleans Jazz and Heritage Festival – a key event in the city’s on-going recovery – helped build confidence in the city’s future. Shell is also involved in projects such as wetlands restoration on the Texas/ Louisiana coast.
Developments
The Perdido spar was constructed by Technip in Pori, Finland. It began its 13,200-kilometre (8,202-mile) journey to Texas, USA, in May 2008, reaching the Gulf of Mexico in August 2008. Once the 170-metre (555-feet) cylindrical spar was moored securely to the sea floor, The Perdido spar’s hull is nearly as tall as the Eiffel Tower in Paris, and weighs as much as 10,000 large cars. Shell built a drilling and production platform on top of it.
There are 22 direct vertical access wells from the spar, with capability to handle additional oil and gas production from successful near-field exploration.
The Tobago field, which started production in late 2011, set a world water depth record in drilling and completing a subsea well 2,934 metres (9,626 feet) below the water’s surface. This eclipsed the previous subsea water depth well record of 2,852 metres (9,356 feet), which Shell set at the Silvertip field.
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