ACE Oil rig by night

About us

We are a specialized Oil & Gas Mandate and Advisory Firm providing strategic representation and transactional support across the global energy value chain. Acting as a trusted mandate, we connect verified buyers, sellers, refiners, traders, and investors in seamless, compliant, and secure transactions within the petroleum and energy markets.
With deep industry expertise and a strong international network, our firm facilitates transactions involving crude oil, refined petroleum products, LNG, and upstream/downstream assets. We work closely with national oil companies, independent producers, refineries, trading houses, and institutional investors to deliver reliable, transparent, and results-driven solutions.
Our mandate authority enables us to negotiate, coordinate documentation, and oversee transactions on behalf of our principals, delivering confidence and efficiency to every deal.

Services

    Our Petroleum & Petrochemical Mandate Services

    We provide mandate services for a wide range of petroleum and petrochemical products through verified refinery allocations and global supplier networks.

    Product Categories

    Category Products
    Crude Oil
    • Light Crude Oil
    • Heavy Crude Oil
    • Bonny Light Crude
    • Arab Light Crude
    • Brent Blend
    Refined Petroleum Products
    • EN590 (10ppm) Diesel
    • Ultra-Low Sulfur Diesel (ULSD)
    • Automotive Gas Oil (AGO)
    • Jet Fuel A1
    • Aviation Kerosene
    • Premium Motor Spirit (PMS)
    • Gasoline (RON 91 / 95 / 98)
    • D6 Virgin Fuel Oil
    • Mazut (M100)
    • Marine Gas Oil (MGO)
    • Liquefied Petroleum Gas (LPG)
    Natural Gas
    • Liquefied Natural Gas (LNG)
    • Compressed Natural Gas (CNG)
    • Pipeline Natural Gas
    Petrochemicals
    • Bitumen (All Grades)
    • Base Oil (SN150, SN500, SN900)
    • Naphtha
    • Paraffin Wax
    • Polyethylene (HDPE / LDPE)
    • Polypropylene (PP)
    Other Energy & Related Commodities
    • Petcoke (Petroleum Coke)
    • Sulfur
    • Urea (Fertilizer Grade)
    • Lubricants (Industrial & Automotive)

    Our Services

    Direct refinery allocations
    Contract negotiation and transaction structuring
    Due diligence and compliance coordination
    Logistics and shipment support
    Long-term supply agreements

    Our Strength

    Strength Area Description
    Verified Supply Sources Direct relationships with reputable refineries and title holders.
    Transparent Procedures Clear documentation aligned with international trade standards.
    Global Network Strong partnerships across Europe, the Middle East, Asia, and Africa.
    Confidentiality & Integrity Professional handling of sensitive transactions.

    Our Commitment

    At Escog Agency Ltd, we are committed to delivering reliable energy solutions while maintaining the highest standards of professionalism, transparency, and compliance.

    Our mission is to bridge global energy demand with secure and sustainable supply channels, ensuring long-term partnerships built on trust and performance.

Oil rig in distance photo

Compliance

Escog Agency Compliance Framework

Escog Agency compliance focuses on ensuring that physical and paper trades (crude oil, refined products, LNG, LPG) comply with international sanctions laws, financial regulations, product standards, shipping regulations, and anti-corruption frameworks.

Below is our structured compliance framework designed specifically for oil & gas trading operations.

1. Sanctions & Export Control Compliance

Key Controls Details
Counterparty Screening Screening of buyers, sellers, shipowners, and brokers.
Vessel Screening IMO number verification and vessel tracking.
Beneficial Ownership Checks Verification of ultimate beneficial owners.
Sanctions Exposure Analysis Assessment of exposure to sanctioned jurisdictions.
Payment Route Screening Monitoring financial transaction routes for sanctions risks.

Major Sanctions Authorities

Authority Region
Office of Foreign Assets Control (OFAC) United States
Office of Financial Sanctions Implementation (OFSI) United Kingdom
European Commission Sanctions Framework European Union
United Nations Security Council International

High Risk Areas

  • Russia crude and petroleum products
  • Iran oil exports
  • Venezuela crude
  • Ship-to-ship transfers
  • Shadow fleet tankers

Potential Consequences

  • Frozen payments
  • Multi-million dollar penalties
  • Criminal prosecution
  • Loss of trading license

2. KYC & Counterparty Due Diligence

Required Checks
Corporate registration verification
Ultimate Beneficial Owner (UBO) identification
Politically Exposed Person (PEP) screening
Adverse media screening
Financial stability assessment

Frameworks & Regulators

Framework Authority
FATF AML Standards Financial Action Task Force
Bank Secrecy Act & Local AML Laws National Regulators

3. Trade Documentation Compliance

Every cargo must have complete and accurate documentation.

Core Trading Documents
Sales Contract (SPA)
Bill of Lading (B/L)
Certificate of Origin
Certificate of Quality
Certificate of Quantity
Cargo Manifest
Insurance Certificate
Letter of Credit (if applicable)

Incorrect documentation may delay cargo discharge and payment.

4. Product Quality & Specification Compliance

Product Type Compliance Checks
Crude Oil
  • API gravity confirmation
  • Sulfur content classification
  • BS&W limits
Refined Products
  • ULSD sulfur ≤ 10ppm (EU markets)
  • ASTM compliance (US markets)

Standards Authorities

  • American Petroleum Institute (API)
  • ASTM International
  • Independent inspectors (SGS, Bureau Veritas)

5. Maritime & Shipping Compliance

Vessel Compliance Checks
IMO number verification
Vessel age and classification
Insurance (P&I Club coverage)
Flag registry verification
AIS tracking consistency

International Regulator: International Maritime Organization (IMO)

Risk Factors

  • AIS dark activity
  • Ship-to-ship transfers
  • Sanctioned ports

6. Anti-Bribery & Corruption Compliance

Key Laws
US Foreign Corrupt Practices Act (FCPA)
UK Bribery Act

Controls

  • Third-party intermediary review
  • Commission payment monitoring
  • Gift and hospitality controls
  • Approval matrix for payments

Enforcement Authority: U.S. Securities and Exchange Commission (SEC)

7. Financial & Payment Compliance

Control Measures
Bank compliance clearance
SWIFT payment screening
Dual-use goods review
Structured payment monitoring

Banks screen transactions under AML regulations and counter-terrorism financing rules.

8. Tax & Customs Compliance

Compliance Areas
HS Code classification accuracy
Import and export duty calculation
VAT / GST compliance
Excise duty compliance
Transfer pricing documentation

Relevant Body: World Trade Organization (WTO)

9. ESG & Environmental Reporting

Reporting Areas
Carbon intensity reporting
Scope 1–3 emissions tracking
Sustainable finance disclosure
EU CBAM considerations (where applicable)

Global Framework: United Nations Framework Convention on Climate Change

10. Internal Compliance Program Structure

Compliance Policy Manual

  • Sanctions policy
  • AML policy
  • Anti-Bribery & Corruption policy
  • Trade approval workflow

Pre-Trade Checklist

  • Counterparty screened
  • Vessel screened
  • Product origin verified
  • Sanctions exposure cleared
  • Payment route approved

Ongoing Monitoring

  • Post-trade review
  • Audit trails
  • Annual compliance audits
  • Staff training programs

11. High-Risk Trading Red Flags

  • Discounted crude from sanctioned jurisdictions
  • Complex payment structures
  • Frequent vessel changes
  • Mismatch between origin and loading port
  • Refusal to disclose Ultimate Beneficial Owner

12. Penalties for Non-Compliance

  • Sanctions fines (often exceeding $10M)
  • Criminal liability
  • Bank de-risking
  • Cargo seizure
  • Insurance invalidation
  • Reputational damage
Screen trade via phone image

Careers

Careers at Escog Agency

At Escog Agency, we believe great work starts with great people. Our team is driven by passion, collaboration, and a shared commitment to excellence. If you're looking for a workplace where your ideas matter and your growth is supported, you’ve come to the right place.

Why Work With Us?

We foster an open, inclusive environment where teamwork thrives. Every voice is valued, and innovation is encouraged. Together, we solve challenges, celebrate achievements, and continuously push boundaries.

Growth & Development

Your career journey matters to us. We provide:

  • Ongoing training and professional development
  • Mentorship and leadership support
  • Clear advancement pathways
  • Opportunities to work on impactful projects

Meaningful Work

At Escog Agency, your contributions make a real difference. You’ll take ownership of your role, collaborate with talented professionals, and help shape the future of our organization.

Competitive Benefits

We recognize and reward dedication. Our benefits package includes:

  • Competitive compensation
  • Performance-based incentives
  • Health and wellness programs
  • Paid time off
  • Flexible work options
  • Team-building events and company activities

Join Our Team

Are you an experienced broker in the commodity market (physical or futures) and believe you can contribute to our enthusiastic team? Don’t hesitate to reach out to us.

Email us at: team@escogagency.com

When you join us, you’re not just starting a job — you’re building a career in a supportive, forward-thinking company that values innovation and integrity.

Ace is always interested to grow and expand their team. Are you an experienced broker in the commodity market (physical or futures) and you think you can contribute to our enthusiastic team, don’t hesitate to reach out to us backoffice@escogagency.com.
You can work from our office in Switzerland or any other location in the world.

Contact us

Escog Agency
Av. Louise 523, 1000
Brussels, Belgium
Phone +32(0)460211376
E-mail info@escogagency.com