Services
Our Business Offerings
Supply and trading of Crude Oil & petroleum products and related activities have formed the primary business of Sea Technology Oil Refining Mining & Energy Limited (S.T.O.R.M.E.L) since formation.
Representation in the major global energy ‘hubs' together with an established presence and wide industry network enables Sea Technology Oil Refining Mining & Energy Ltd (S.T.O.R.M.E.L) to engage the oil markets effectively and continuously worldwide.
Established associations with first-class international banks, enable Sea Technology Oil Refining Mining & Energy Ltd (S.T.O.R.M.E.L) to offer a variety of structured trade financing arrangements to fit client requirements. These extend to refined product trading contracts.
Crude Oil
Crude oil is typically obtained through drilling, where it is usually found alongside other resources, such as natural gas (which is lighter, and therefore sits above the crude oil) and saline water (which is denser and sinks below). It is then refined and processed into a variety of forms, such as gasoline, kerosene and asphalt, and sold to consumers.
Brent Blend
The term Brent Blend is obtained from the geographical location where this type of oil is extracted from. Brent Blend is termed as sweet oil having 0.37% sulfur and 38.06 degrees in gravity. Brent Blend oil is typically used for making petroleum and gasoline for vehicles.
Bonny Light Crude Oil (BLCO)
BLCO is considered Nigeria’s flagship crude oil. Known for its high quality, low sulfur content, and high API gravity. Sought after for its favourable refining characteristics and clean-burning properties.
Forcados Crude Oil
Another popular Nigerian crude oil grade. Exhibits medium API gravity and moderate sulfur content. Suitable for refining into a range of petroleum products, including gasoline and diesel.
Qua Iboe Crude Oil
One of Nigeria’s largest and most popular export grades. Characterized by its light sweet properties, like BLCO. Valued for its high API gravity and low sulfur content.
Brass River Crude Oil
Known for its light to medium API gravity and low sulfur content. Primarily exported from the Brass Terminal in Nigeria’s Niger Delta region. Used for refining into various petroleum products, including gasoline and jet fuel.
Escravos Crude Oil
Produced from fields in the western Niger Delta. Exhibits medium API gravity and moderate sulfur content. Suitable for refining into gasoline, diesel, and other distillates.
Pennington Crude Oil
A lesser-known Nigerian crude oil grade. Characterized by its light to medium API gravity and moderate sulfur content. Used for refining into transportation fuels and petrochemical feedstocks.