Mega Billion Corporation Ltd


Crude Oil TanksMega Billion Corporation Limited is a leader in the of Nigerian Bonny Light Crude Oil (BLCO) sales market. As a privately held company, Mega Billion Corp. Nigeria Ltd is committed to and is focused on delivering reliable services to all her clients. Mega Billion Corporation Ltd is determined to continue to grow in the energy sector and to become one of the recognized leaders in the Nigerian oil and gas industry.

Simplifying Nigerian Bonny Light Crude Oil Buying, BLCO

Crude Oil Tanks Mega Billion Corporation Nigeria Limited has an excellent track record of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.

If you wish to purchase Bonny Light Crude Oil from a reliable seller, contact us and we commence the buyer friendly procedure to enable this.


Showing posts with label Importers Of Oil. Show all posts
Showing posts with label Importers Of Oil. Show all posts

Monday, 29 September 2014

MedcoEnergi buys oil and gas blocks in Tunisia

Medco Tunisia Petroleum, has entered into an agreement, effective 1 January 2014, to acquire 100% of the shares of Storm Ventures International from Storm Ventures International “Seller” for a base purchase price of $ 114.03 million, excluding an amount payable forworking capital (which is subject to a customary post-closing adjustment). The Seller is a subsidiary of Chinook Energy, which is listed on the Toronto Stock Exchange. SVI (together with its subsidiaries) is one of the leading active exploration and production companies in Tunisia, with a participating interest in eight working areas.


SVI’s interest in Tunisia comprises four exploration areas, two development areas and two production areas with concession periods of either 30 or 50 years. Out of these eight areas, five are located onshore and three are offshore. All of SVI’s blocks are located in prolific hydrocarbon areas. Five onshore blocks (Adam, Sud Remada,Bir Ben Tartar, Jenein and Borj El Khadra) are located in the Ghadames Basin, while the remaining three offshore blocks (Cosmos, Hammamet and Yasmin) are located in the Pelagian Basin off the northeast coast of Tunisia.
The completion of this acquisition is conditional upon, amongst other things, approval from the Government of Tunisia and the consent of certain existing partners in the blocks. Upon completion of the acquisition, MedcoEnergi anticipates adding 2P reserves and oil-and-gas production (net working interest before royalties, taxes and Government take) by 12.3 MMboe and 2,800 Boepd, respectively.


Production is envisaged to increase to approximately 16,000 Boepd from in fill well drilling of the existing producing block (Bir Ben Tartar) and the development of the Cosmos and Yasmin blocks (scheduled for completion in 2018) is expected to add a further 12.6 MMboe of 2P reserves.


Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By Mega Billion Corporation BLCO seller, Nigeria, online.

Sunday, 24 August 2014

Tethys awarded 15-year extension to Kazakhstan gas contract

Tethys Petroleum, following the recently reported Kazakh State Reserves Committee (GKZ) approval, confirmed that it has received approval from the Ministry of Oil & Gas of the Republic of Kazakhstan (MOG) for the extension its Kyzyloi Production Contract for a further 15 years, to June 2029.


The contract area currently covers some 287 sq km, and the company is currently producing gas from the shallow Kyzyloi sandstone in this area. This contract extension will give Tethys significantly more time to produce natural gas from the area.


The reserves attributed to the Kyzyloi contract area, determined in accordance with National Instrument 51-101 of the Canadian Securities Administrators, are included in the company' s reserves evaluation for its oil and gas interests in Kazakhstan.


Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian region, with activities currently in the Republics of Kazakhstan, Tajikistan and Georgia.


Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By Mega Billion Corporation BLCO seller, Nigeria, online.

Thursday, 31 July 2014

Safe, efficient solar-powered wireless load cell introduced

Bright Automation, a designer and manufacturer of monitoring and control products, has introduced a fully solar-powered wireless load cell designed for use on pumping units. The Bright Wireless Load Cell has a fully solar-powered battery, transmitting data via a 2.4-GHz wireless digital communication protocol. Based on its unique wireless design, the Bright Load Cell provides easier, faster installation, according to the manufacturer, and reduces shutdowns associated with cable failure. The receiving module output generates a standard 4-20-mA or 0-10-mV signal, making it useful as a replacement of conventional load cells, the company said.


The load cell’s lack of wires and U-shaped structure provides for easy installation, repair and maintenance, while its durable outer shell allows it to withstand harsh environments, reported Bright.


Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By Mega Billion Corporation BLCO seller, Nigeria, online.

Contact Mega Billion Corporation

Contact Mega Billion Corporation