Primary Energy Consumption86.5 million toe
Oil Consumption1.43 million bopd
Refinery Throughput1.07 million bpd
The lack of resources in the ground might initially suggest a country with a fairly stagnant hydrocarbons industry, but Singapore is anything but. A major trading centre and a hub for oilfield technology, the city-state plays a pivotal role in the Southeast Asian energy landscape.
Due to its favourable tax regime, strategic location, transportation infrastructure and stable political climate, Singapore has come to serve as a base for oil and gas companies involved in exploration and production activities in Southeast Asia. The diminutive city-state has become a magnet for international oil companies.
KBR has won engineering contracts from Seatrium for the topsides facilities of two new FPSOs to be deployed by Petrobras in…
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Conrad has signed a sale agreement with Sembcorp Gas for the export portion of the natural gas from its Mako field.
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TotalEnergies has delivered its first cargo of 100% biofuel bunker in Singapore.
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Elham Mahfouz of the Commercial Bank of Kuwait talks about participating in Kuwait’s key oil and gas projects.
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Vopak has commissioned 40,000 cubic metres of storage capacity for blending biofuels to marine fuels in Singapore.
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Seatrium has resigned a contract with Shell and GasLog LNG Services to service LNG carriers in Southeast Asia.
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Mecwide Angola has commissioned a new metalworks yard in Angola, the construction and maintenance company announced on Thursday.
The facility will provide…
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POSH Terasea has won a contract to move Shell’s Prelude FLNG, the largest offshore hydrocarbons facility ever built, from Korea to Australia.
After completion, the…
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Vallianz Engineering has signed a $21.8 million purchase agreement to acquire two new-build vessels, the Vallianz Holding subsidiary announced in a Thursday…
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The LNG shipping sector is likely to face consolidation and asset sales in the coming years as plunging freight rates and lean demand threatens the industry’s…
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EMS Group has signed a $570-million binding letter of intent for services at an undisclosed shipyard in Asia, the company announced in a Thursday press release.
The…
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Australian operator Woodside Petroleum has awarded Norwegian oilfield services company Aibel Singapore a front-end engineering and design contract for the Greater…
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Singaporean contractor SMOE, a subsidiary of Sembcorp Marine, announced in a Monday press release that it had won a contract worth $1 billion from Danish operator…
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Radio Holland, a vessel maintenance company based in Singapore, has signed a managed service agreement – or MSA – with Singapore’s Thome Ship Management.
The…
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OneSubsea has signed a deal to provide the subsea processing systems for Shell’s ultra-deepwater Stones development in the US Gulf of Mexico. The proposed 1,034-bar…
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On Tuesday, Keppel Offshore & Marine, a wholly owned subsidiary of Singaporean marine services company Keppel Shipyard, announced in a press release that it had…
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Helix Energy Solutions Group has come to an agreement with Singapore’s Jurong Shipyard to delay work on newbuild well intervention vessel. By pushing back delivery of…
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