Industries

    Treasury and FX Solutions for Energy, Oil & Gas

    Revenue is priced in dollars, costs are not, and projects will not wait for funding.

    Bluebulb supports energy operators and service companies with USD flows, contractor and supplier settlement across jurisdictions, and treasury visibility that keeps project cash management evidence-based.

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    The problem

    Energy businesses typically earn in USD while paying a mix of local and foreign-currency costs, so the currency position shifts constantly across entities and projects. Contractor and vendor payments are large, scheduled and often cross several jurisdictions, each with its own documentation and reporting expectations. Without a consolidated treasury view, project teams commit spend that finance cannot confirm is funded in the right currency at the right time.

    Use cases

    USD-denominated flows

    Hold, convert and deploy dollar balances against local-currency obligations.

    Contractor & supplier payments

    Settle service companies and vendors across multiple jurisdictions.

    Project cash management

    Track funding by project so committed spend is matched to available currency.

    Consolidated position

    One view of balances across entities, banks and currencies.

    Relevant corridors

    Most energy, oil & gas payment flows run through our established UK, US, Europe and China corridors, plus offshore settlement.

    How onboarding and a transaction work

    1. 1

      Onboarding & KYB

      Entity structure, jurisdictions and authorised signatories are reviewed and verified.

    2. 2

      Structure accounts by entity

      Currency accounts, project tagging and approval hierarchies are configured.

    3. 3

      Fund, convert, settle

      Convert at a confirmed rate and release contractor or vendor payments under approval.

    4. 4

      Report by project

      Review balances, conversions and settlement by project for management reporting.

    Compliance and security

    • Approval hierarchies and audit trails support internal control and external audit requirements.

    Energy operators and service companies use Bluebulb for multi-entity treasury and vendor settlement [confirm].

    Coverage spans 90+ countries. Items marked [confirm] are indicative and confirmed during onboarding.

    Frequently asked questions

    Simplifying cross border payments for African businesses

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