Monday, June 18, 2012

INVESTMENT OPPORTUNITY IN MARINE SUPPORT SERVICES IN THE PETROLEUM SECTOR.


From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.

SOFT COPY SUBSCRIPTION

Annual subscription x 12 issues

Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!

You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues

Subscribe Now!

For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone

INVESTMENT OPPORTUNITY IN MARINE SUPPORT SERVICES IN THE PETROLEUM SECTOR.

An estimated $8 billion is spent annually on outsourcing of services in the oil and gas industry in Nigeria in operations such as fabrication, engineering procurement, construction (EPC), Front End Engineering Design (FEED), conceptual designs and seismic studies. This figure is projected to hit $15 billion within the next few years (Business Day, 2008).

Regrettably, despite these huge sums of money spent in servicing the industry, only a very little proportion of the accrue-able profit is spent in Nigeria. Majority of the amounts are repatriated abroad, where most of the equipment is manufactured; and providing employment opportunities for citizens of other countries.

The major reason for this situation has been attributed to low local content (LC), which is a situation where most of the service contracts are awarded to foreign firms because local indigenous firms lack the requisite skills, technical expertise, manpower and production capacity and capability to compete favorably.

The passage and assent of the Nigerian Local Content Policy is an expression of the desire of the Federal Government of Nigeria to ensure that companies owned by Nigerians actively participate not only in the oil and gas trade of Nigeria but in all technical aspects of the Nigerian economy.

The entire essence of the new law is to increase indigenous participation in the oil and gas industry by prescribing minimum thresholds for the use of local services and materials and to promote the employment of Nigerian staff in the Industry.

Along with the Cabotage law in the maritime industry, which seeks to restrict the use of Foreign Vessels in Domestic Coastal trade to promote the development of indigenous tonnage and to establish a Cabotage vessel financing fund and for Related Matters, Nigerian investors can better harness the opportunity available in the oil and gas industry in Nigeria by providing maritime support services through leasing and rental of vessel, barge and tugboat.

Haulage of crew and equipment is an essential part of an oil and gas operation which requires the use of barges, tugboats and vessels.

A Barge is a flat – bottomed boat built mainly for river and canal transport of heavy equipment’s. Some barges are not self-propelled and need to be towed or pushed by towboats. In the oil and gas industry, they are mostly used in swampy operation for the haulage of crew and equipment.

A tug boat is a boat that maneuvers vessel by pushing and towing them. They are usually used to tow barges.

A vessel is a craft for traveling and transporting goods on water and is usually larger than boats and barges.

Providing marine support services in the oil and gas industry in Nigeria is surely a viable business but the investor needs to be armed with the right information to succeed in the business.

To continue reading this article and other investment opportunities in Nigeria, please do click on the link below

INVESTMENT OPPORTUNITY IN MARINE SUPPORT SERVICES IN THE PETROLEUM SECTOR.

In partnership with seasoned consultant in the business, we have market research report on equipment leasing {vessel, barge and tugboat} opportunity in Nigeria.

You can order our detailed feasibility report on providing vessel hiring and charter services in the oil and gas industry in Nigeria by clicking on the link below

PROVIDING VESSEL HIRING AND CHARTER SERVICES IN THE OIL AND GAS INDUSTRY IN NIGERIA; THE OPPORTUNITY.

Please feel free to use any of the methods below to get in touch with us.
Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com

Office Address: 

61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.

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HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA

Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.

The training cuts across different segment of the economy to include Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism and Transportation and are facilitated by seasoned professionals in their respective fields.

Please do visit the link below to access available training programmes

Foraminifera Market Research is a dynamic market intelligence company providing comprehensive market research solutions and strategic intelligence services to start-ups and existing businesses in Nigeria.

We prepare business plan, feasibility study and market report for the small and medium scale industries and develop the entrepreneurial capacity of our client with the aim of providing the much needed business data in Nigeria.

In keeping with our vision of providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand, we would like to introduce to you to our sister websites

www.nigeriaoilandgasportal.com {The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com {Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}

BUSINESS OPPORTUNITIES IN TRADING AND BROKERAGE OF NIGERIAN CRUDE OIL.


From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.

SOFT COPY SUBSCRIPTION

Annual subscription x 12 issues

Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!

You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues

Subscribe Now!

For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone


BUSINESS OPPORTUNITIES IN TRADING AND BROKERAGE OF NIGERIAN CRUDE OIL.

Nigeria has for long been a major producer of crude oil ever since the first commercial well was drilled in Oloibiri in present day Bayelsa state. The country presently has an estimated 35.3 billion barrels both onshore and offshore assets mostly domiciled in the Niger Delta basin. Nigeria presently ranks tenth in the most petroleum-rich nation, and by the far the most affluent in Africa producing about two million {2,000,000} barrels per day.

Nigeria's petroleum is classified mostly as "light" and "sweet", as the oil is largely free of sulphur. Nigeria is the largest producer of sweet oil in OPEC. This sweet oil is similar in composition to petroleum extracted from the North Sea. This crude oil is known as "Bonny light". Names of other Nigerian crudes, all of which are named according to export terminal, are Qua Ibo, Escravos blend, Brass River, Forcados, and Pennington Anfan.

Sales of crude oil in Nigeria are usually done through the Nigeria National Petroleum Corporation {NNPC} on FOB basis. Prospective buyers can also source the product on the following delivery terms from other source CIF, TTT or TTO. 

FOB – Free On Board (named loading port): The classic maritime trade term, seller must load the goods on board the ship nominated by the buyer, cost and risk being divided at ship's rail. The seller must clear the goods for export.

TTO- Tanker-Taker-Over: As the name suggests refers to a situation where the buyer takes over the hiring of the pregnant vessel along with the product it contains.

TTT- Tanker to Tanker Transfer: This refers to a situation where the buyer hires his own vessel and uses same to purchase products from the seller.

Petroleum products are among the most valuable natural resources abundantly available in our country. Nigerians and people everywhere use petroleum products as a fuel in their automobiles, generating sets, industrial plants and for cooking purposes, thus making petroleum products an essential commodity that is needed for the daily operations of individual, industrial and national activities.

Nigeria being an oil producing nation however still relies on imported petroleum products for the servicing of the economy. Such petroleum products as Petrol (PMS), Diesel (AGO) and kerosene (DPK) are products utilized by almost everybody on daily basis at an average of 60 million litres daily usage.

Due to increasing level of standard of living, more Nigerians are increasing the number of cars on the road, the need for constant power supply to aid uninterrupted production of goods and services and also for domestic use more Nigerians are increasing the demand for fuel in order to enjoy the usage of their generating sets and industrial plants.

To continue reading this article and other investment opportunities in Nigeria, please do click on the link below
Get our detailed market intelligence report on the subject matter by clicking on the link below


You can also get the report from our sister company, Market Report Portal, with the link below



Do you require one- on- one training on the subject matter? Contact us with any of the details provided below to arrange a meeting
Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com

Office Address: 

61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.

Like and Follow us on 



HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA

Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.

The training cuts across different segment of the economy to include Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism and Transportation and are facilitated by seasoned professionals in their respective fields.

Please do visit the link below to access available training programmes

Foraminifera Market Research is a dynamic market intelligence company providing comprehensive market research solutions and strategic intelligence services to start-ups and existing businesses in Nigeria.

We prepare business plan, feasibility study and market report for the small and medium scale industries and develop the entrepreneurial capacity of our client with the aim of providing the much needed business data in Nigeria.

In keeping with our vision of providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand, we would like to introduce to you to our sister websites

www.nigeriaoilandgasportal.com { The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com { Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}

ONLINE CRUDE OIL TRADING IN NIGERIA: THE OPPORTUNITY.


From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.

SOFT COPY SUBSCRIPTION

Annual subscription x 12 issues

Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!

You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues

Subscribe Now!

For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone
Online Crude Oil trading simply means the buying and selling of crude oil at the strike price within the expiration date on the internet. Think of investing in crude oil as akin to trading in the stock markets only that the things being traded are crude oil and its distillates.

Crude oil trading is one of the fastest ways of making money on the internet, but you must do your research very well in other to take advantage of this great opportunity.

Trading in crude oil and its derivative products has always been a lucrative business as it is a seller's market. This means that the market is dominated and dictated by the seller's lobby rather than buyers.

There are basically two types of crude oil Traded on online platforms

1. There is the Brent crude (UK) also known as Light Sweet
2. The Western Texas Intermediate (WTI, US).

None is better than the order in terms of volatility. Just that some brokers offer the two while others offer only one. Which type you trade depends on what your broker offers.

Nigeria oil and gas portal {NOGP}, our sister company and the one stop shop for the oil and gas industry in Nigeria has entered into a partnership with AVAFX for the promotion of AVAFX services on our platform, www.nigeriaoilandgasportal.com 

Ava Capital Markets Ltd {AVAFX} is a leading forex and commodity trading platform regulated by the central bank of Ireland with license number C53877. They are dedicated to the provision of bespoke commodity trading experience for both novice traders while also providing the most sophisticated traders with all the necessary tools.

To promote the business of online crude oil futures trading in Nigeria, we advice prospective clients to get the report on the subject matter and register through the link below.

To continue reading this article and other investment opportunities in Nigeria, please do click on the link below

 
ONLINE CRUDE OIL TRADING IN NIGERIA: THE OPPORTUNITY.

Please do use the link to purchase the report.

http://www.nigeriaoilandgasportal.com/trading_crude_oil_futures_online-id578

The report is also available on our sister company, Market Report Portal, with the link below

http://www.marketreportportal.com/trading_crude_oil_futures_online-prod484


Please feel free to use any of the methods below to get in touch with us.

Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com

Office Address: 

61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.

Like and Follow us on 



HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA

Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.

The training cuts across different segment of the economy to include Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism and Transportation and are facilitated by seasoned professionals in their respective fields.

Please do visit the link below to access available training programmes
Foraminifera Market Research is a dynamic market intelligence company providing comprehensive market research solutions and strategic intelligence services to start-ups and existing businesses in Nigeria.

We prepare business plan, feasibility study and market report for the small and medium scale industries and develop the entrepreneurial capacity of our client with the aim of providing the much needed business data in Nigeria.

In keeping with our vision of providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand, we would like to introduce to you to our sister websites

www.nigeriaoilandgasportal.com {The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com {Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}