The rapid growth in industrial technology has placed a huge demand on the supply of Technical Training for the Oil and Gas Industry Worldwide. We render consultancy services to and provide critical knowledge for the implementation of a project by understanding the technical requirement tools necessary to implement, upgrade, administer and extend basic Oil and Gas services to prospective clients. Biddyosa Oil and Gas provides a combination of project management and project engineering supports.
Biddyosa Oil and Gas Limited’s procurement department provides clients with global procurement resources, processes, systems, market knowledge, and volume-leveraged pricing to maximize return on investment. Biddyosa Oil and Gas Limited offer reliable project deliveries, innovative performance solutions, and project savings through the combination of a global execution platform, industry-leading technologies.
Petroleum Products Trading
Biddyosa Oil and Gas Limited’s one of primary business has always been the trading and supply of physical petroleum products such as fuel oil, gasoil and gasoline. Being based in Nigeria, we have a natural emphasis on the African market but our trading includes significant volumes from Rotterdam, Russia, the Middle East, North and West Africa as well as both North and South America – a truly global reach.
The trading of energy products is a complex process that inevitably involves many elements of risk, from broad geo-political risk to more closely defined operational and financial risks. The management of this risk is an essential part of any energy company’s trading strategy and Biddyosa Oil and Gas Limited promotes a culture of risk awareness at every level of decision-making. Risk management is not just about identifying and minimizing threats. It is also about recognizing and capitalizing upon opportunities that may be inherent in such risks. For Biddyosa Oil and Gas Limited, that means using the knowledge and understanding gained from offsetting the risks involved in physical trading to provide customized pricing and operational solutions for our customers. This enables us to construct transactions as well as access opportunities, which previously may not have been available. Hedging physical risks requires substantial involvement in energy derivatives trading of all kinds and to manage that portfolio we have invested in market-leading, IT-based technologies to assist our experienced personnel. These provide us with the tools we need to monitor and if necessary adjust our risk management strategies in real-time.
Biddyosa Oil and Gas Limited has established a global network with ship owners for the transportation of refined petroleum products with the main trading routes between the Mediterranean, West Africa, Middle East and Far East. This supports the company’s trading division with high quality, reliable, efficient tankers that meet international safety and environmental standards. Biddyosa Oil and Gas Limited can arrange charter vessels, on time-charters as well as voyage-charter contracts and prides itself as a reputable, close trading partner with long-term commitment for long-term charters demands of its business.
Being involved in all aspects of shipping and transport Biddyosa oil and Gas Limited is also heavily engaged in vessel chartering for offshore supplies and petroleum products deliveries. Our direct and close contacts to ship owners around the world are essential in our pursuit to find the right vessel in the right place at competitive prices. In addition to brokerage of third-party owned vessels, Biddyosa Oil and Gas Limited perform a cadre of maritime logistics, procurement and vessel project management services. Our expertise lies in our ability to efficiently source, deploy and manage domestic and international maritime projects in the oil and gas, marine and shipping sectors. Owned and controlled by offshore and inland marine specialists with vast experience and a global network of vessel owners, Biddyosa Oil and Gas Limited is able to effectively source and perform in challenging geographies.