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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Japanese conglomerate Mitsubishi and shipping and logistics entity Nippon Yusen Kabushiki Kaisha paid $446 million on Thursday for a combined 45-percent stake in SBM…
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A vessel carrying about 2 million barrels of oil left Iran bound for Singapore on Friday. The shipment is the first following a landmark nuclear deal between Iran and…
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On Tuesday, Singaporian subsea entity NauticAWT launched an initial public offering with a projected value of around $2.8 million. The company’s IPO is set to open…
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International operator Heerema Offshore Services (HOS) announced the award of a $1-billion contract to Singaporean firm Sembcorp Marine for the construction of a new…
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French super-major Total has opened its largest lubricant oil plant, located in Singapore.
The company aims to double its Asian market share for lubricants by 2025,…
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A second oil tanker has gone missing in Southeast Asia, the International Business Times reported yesterday.
The 7,300-deadweight tonne Petronas oil tanker Orkim…
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Emas AMC, the subsea division of Singapore’s Ezra Holdings, announced on Monday it had been awarded several global contracts in the UK, West Africa and Asia worth…
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Norway’s Vard Holdings, a designer and builder of specialised offshore vessels, has won a contract to design and construct a diving support and construction vessel…
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Norwegian offshore construction company Vard Holdings said on Friday that two affiliates of its customer, German supply vessel company ER Offshore, filed for insolvency…
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On Monday, government-owned oil and gas company Petronas announced it had appointed Datuk Wan Zulkiflee Wan Ariffin as president and CEO. Wan Zulkiflee follows in the…
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