The main benefit for oil companies and shippers to use AMBO-Pipeline Ltd is the reduction of delays, costs, and economies of scale transferring from smaller Tankers in the Black sea to loading into the largest oil tankers available.
The aim of the 814KM pipeline is to bypass the Turkish Straits and the Dardanelles in the transportation of oil. The pipeline is projected to cost US$2 billion and will have a capacity of 900,000 barrels per day. There will be four pump stations, two in Bulgaria and one each in North Macedonia and Albania, constructed along the route.
AMBO-Pipeline LTD's mission is to reduce the crazy amount of shipping congestion that occurs in the Turkish straits. This helps us reduce overall the carbon footprint by using the pipeline instead of ships. Our plan is to continue building and increasing the efficiency of the oil transportation of from Eastern Europe to the rest of the world.
Port of Vlore, Albania
Our vision of being the first privately owned pipeline in Europe is to be able to provide public access to opportunities of traditional energy businesses via Decentralised Finance, powered by Blockchain & Digital Assets.
Edward L. Ferguson, CEO
William J Atteridge, Project & Engineering Manager
Retired from BP in 1994 and was invited to join Halliburton, Brown & Root in London as Director of Onshore Engineering, Europe & Africa; a new division for their London Head Quarters. Completed projects during this period included a gas supply pipeline to Belfast from mainland Scotland and a product pipeline in Tanzania for BP Africa. This role also led to many business opportunities in Russia and the CIS. During this period, strategies for export pipeline routes, from the Caspian and Black Sea Regions were developed. A crude oil export route from Baku in Azerbaijan by train, to Batumi in Georgia, was developed in 1997 for Chevron’s Tengiz oil field in Kazakhstan. This was the first export of crude oil from Azerbaijan to western markets.
Trans Anatolian Gas Pipeline, TANAP, Turkey, Jan 2014-June 2015: Deputy Group Engineering Manager for 1,800km gas pipeline system across Turkey, 54/48in onshore and twin 36in submarine lines across the Dardanelles.
Jasmine HPHT Multi-phase Pipeline Development, North Sea, Feb 2009- Nov 2013: Senior Pipeline Consultant, roles/responsibilities working with ConocoPhillips team from pre-engineering through design, contract award for pipe-in-pipe solution, installation and pre-commissioning included interface management, co-ordinator of offshore training and personnel logistics, and advisor on pipeline installation, pigging & operational issues.
Justin Collins, Director
Justin's history stems from Collins & Associates working in the Balkans for 22 years. Justin has specialised knowledge of the market in these countries, as well as the local legal and bureaucratic requirements. Justin has worked mainly in the construction and engineering sector, providing services, supplies, personnel and originally with humanitarian Organisations (NGO's) during the Kosovo conflict.