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Home»ECONOMY»CBN appoints 8 agents to monitor Nigeria’s crude oil, gas exports [FULL LIST]
ECONOMY

CBN appoints 8 agents to monitor Nigeria’s crude oil, gas exports [FULL LIST]

Abdoulaye KayBy Abdoulaye KayOctober 31, 2026Updated:October 31, 2026No Comments2 Mins Read
Crude Oil
Crude Oil
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The Central Bank of Nigeria (CBN) has appointed eight pre-shipment inspection agents and two monitoring and evaluation firms to strengthen oversight of the country’s crude oil and gas exports under the Nigerian Export Supervision Scheme.

The appointments, which took effect on October 2, 2026, were announced in a circular dated October 29 and signed by Aderinola Shonekan, Director of the CBN’s Trade and Exchange Department.

The revised arrangement also reallocates export terminals among the inspection companies, with the CBN directing authorised dealer banks, the Nigeria Customs Service, petroleum regulators, terminal operators and oil and gas companies to comply.

Under the new allocation, Dakee Engineering and Construction Ltd. will oversee LNG, Escravos (Gas), Bonny River Terminal and EGTL, while Trexem Energy Services Limited has been assigned Egina, Qua-Iboe and Tulja.

Geoscape Limited will handle Escravos, ERHA, Odudu and FSO Cawthorne, while 617 Limited will cover Bonga, Brass, Usan and Eagle.

Robinson International Energy Ltd. has been allocated Ugo-Cha, Penington, Aje, Ima, Oyo and Nembe. Trobell International Nigeria Limited will oversee Forcados, Bonny and Okwori.

Similarly, Integrated Shipping Services Nigeria Ltd. will handle Akpo, Antan, Okoro, Anyala-Madu and Ebok, while Kephren Business Ltd. will cover Ukpokiti, Utapate, Yoho, Abo, Agbami, Ajapa, Okono, Okwok and additional marginal streams designated by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The apex bank also appointed Q&Q Control Services Ltd. and Arlington Securitas Nigeria Limited as monitoring and evaluation agents to supervise the activities of the eight inspection companies.

Q&Q Control Services will monitor 617 Limited, Trexem Energy Services Limited, Geoscape Limited and Kephren Business Ltd.

Arlington Securitas Nigeria Limited will oversee Dakee Engineering and Construction Ltd., Trobell International Nigeria Limited, Robinson International Energy Ltd. and Integrated Shipping Services Nigeria Ltd.

The latest appointments represent another adjustment to Nigeria’s petroleum export supervision framework.

In May 2024, the CBN appointed 11 agents, comprising nine pre-shipment inspection companies and two monitoring and evaluation firms. The allocation of export terminals was subsequently reviewed in March 2025.

In July 2026, the apex bank also appointed Candid Oil Services Limited as the pre-shipment inspection agent for the Taurus Oil and Gas Depot.

The revised framework places designated companies in charge of inspecting crude oil and gas export cargoes at assigned terminals, while the two monitoring firms provide oversight of the inspection agents.

The CBN’s latest directive requires all relevant institutions and operators to comply with the revised arrangements.

CBN Crude oil monitoring
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