Oil & Gas Equipment: International Payment Solutions
Import oil & gas extraction equipment, pipelines, and energy infrastructure. Pay suppliers in 3+ countries with 0.5% FX spreads and 2.3s settlement.
Oil & Gas Equipment Payment Challenges
Industry Pain Points
- Project-based payments (multi-year)
- High compliance requirements
- Multi-party transactions (operators, contractors)
- Currency hedging essential
How Unicorn Helps
- Large transaction support
- Multi-year FX hedging
- Enhanced due diligence for compliance
- AED local account for Middle East
Popular Oil & Gas Equipment Payment Corridors
High-volume currency routes for oil & gas equipment
Global Oil & Gas Equipment Settlement Network
Pay oil & gas equipment suppliers in any of the following countries. Click a country for payment details, compliance, and cost savings.
Asia Pacific (17 countries)
Europe (12 countries)
Americas (8 countries)
Middle East & Africa (9 countries)
Oil & Gas Equipment Payment Profile
Payment Timing
Project milestone payments (quarterly). Long terms: Net 90-180 days standard. Progress certificates required before payment release.
Invoice Terms
Net 90-180 standard. Milestone payments per project schedule. Retention (10%) for 12-24 months. Performance bonds required.
FX Risk Profile
EXTREME: Multi-year projects in USD, NOK, AED. £500k-£10M transactions. Oil price volatility affects project viability. Forward hedging essential.
Frequently Asked Questions: Oil & Gas Equipment Payments
What FX challenges do Oil & Gas Equipment businesses face?
Oil & Gas Equipment businesses commonly face currency volatility that impacts profit margins, supplier payment timing issues across different time zones, and difficulty tracking FX exposure across multiple international transactions. These challenges can significantly affect cash flow and supplier relationships.
How does Unicorn Currencies help Oil & Gas Equipment?
Unicorn Currencies helps Oil & Gas Equipment businesses with real-time FX rate tracking on all bills and invoices, ultra-fast 2.3-second settlement times, and integrated container tracking for shipments. Our platform provides full visibility into your international payment costs and currency exposure.
What's the minimum volume for Oil & Gas Equipment?
We recommend a minimum of $1M+ annual FX volume for Oil & Gas Equipment businesses to maximize the benefits of our platform. This ensures you see meaningful savings on our 0.5% FX spreads compared to traditional bank rates of 2-4%.
Do you support payments to Oil & Gas Equipment suppliers?
Yes, Unicorn Currencies supports payments to Oil & Gas Equipment suppliers in 50+ countries with local payment rails. We connect to domestic clearing systems in each country, avoiding expensive SWIFT fees and enabling faster settlement than traditional banks.
Is container tracking included for Oil & Gas Equipment?
Yes, FREE container tracking is included for all Oil & Gas Equipment businesses using Unicorn Currencies. You get real-time shipment visibility with demurrage alerts, helping you time payments accurately and avoid costly port fees.
Ready to Save on Oil & Gas Equipment Payments?
Join oil & gas equipment businesses saving 80% on international supplier payments.
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