FPSO Platforms or Crude Oil Terminals in Brazil
Gone are those days when exploration companies plug and abandon marginal oilfields. The advent of FPSO platforms has made exploration […]
Knowledge Base
Understanding FPSO Production Platform
There are different types of an oil platform, but Floating, Production, Storage and Offloading FPSO stand out. FPSO is an oil production
What is Bill of Lading? Check Out Its Benefits
Every international transaction that involves physical goods requires accurate documentation to ensure hitch-free dealings. Also, an exporter can only prove
Importance and Benefits of Commercial Invoice
No merchant or exporter can operate without proper documentation of goods, hence the need for commercial invoice. A commercial invoice
Understanding Soft Corporate Offer SCO
A buyer is not only interested in product specifications but also, terms of trade to avoid running into hitches in
Understanding Oil Cargo Discharge Safety
Neither the downstream nor the upstream sector of the industry is free from hazards because incidents do happen either as
How Safe is Ship to Ship Transfer (STS)
Ship to ship transfer is a common practice in the oil and gas industry, and its importance cannot be over-emphasized.
Benefits of Bank Guarantee in Local & Export Business
What are the benefits of a bank guarantee, and what the main procedures to get it? I am a businessman,
Confirmed Letter of Credit And its Advantages
A confirmed Letter of Credit is an LC guaranteed by two banks. However, the confirming bank does not just agree
How safe is Red Clause Letter of Credit
What is a red clause letter of credit, and do some suppliers demand if for order fulfilment? The best way