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Singapore Overview

Singapore

in figures

Primary Energy Consumption86.5 million toe

Oil Consumption1.43 million bopd

Refinery Throughput1.07 million bpd

Singapore: Trade and Technology

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 wins engineering contract for Brazilian FPSOs
NEWS
Brazil - September 09, 2024

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 inks gas deal for Mako development in Indonesia
NEWS
Indonesia - September 02, 2024

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 delivers first cargo of 100% biofuel bunker
NEWS
Singapore - August 13, 2024

TotalEnergies has delivered its first cargo of 100% biofuel bunker in Singapore.

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Robust-enterprise-banking-in-Kuwait-Elham-MAHFOUZ-Al-Tijari
Interview
Kuwait - May 28, 2024

Elham Mahfouz of the Commercial Bank of Kuwait talks about participating in Kuwait’s key oil and gas projects.

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Vopak commissions bio-bunkering capacity in Singapore
NEWS
Singapore - February 26, 2024

Vopak has commissioned 40,000 cubic metres of storage capacity for blending biofuels to marine fuels in Singapore.

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Seatrium and Shell renew ship repair contract
NEWS
Singapore - February 14, 2024

Seatrium has resigned a contract with Shell and GasLog LNG Services to service LNG carriers in Southeast Asia.

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Mecwide Angola opens new yard
NEWS
Angola - September 21, 2023

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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Exxon acquires Singapore aromatics plant
NEWS
Singapore - August 28, 2017

The sale of Jurong Aromatics Corporation’s giant Jurong Island aromatics plant to ExxonMobil’s Singapore affiliate has closed, the super-major announced on…

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Trafigura charged in China
NEWS
China - August 24, 2017

Trafigura’s Singapore subsidiary has been charged with executing fake petrol deals in China, international media reported on Thursday.

The investigation started in…

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Interview
Indonesia - April 05, 2017

Ian Prescott, senior vice-president for Asia-Pacific at SNC-Lavalin, talks to TOGY about the benefits of prefabricated and modular solutions and the growing preference…

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Rosneft mulls Singapore branch
NEWS
Russia - June 27, 2017

Oil major Rosneft continues its expansion, with Russian media reporting on plans to set up a trading office in Singapore.

Talking to the Izvestia daily, Rosneft head…

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ExxonMobil to buy Singapore asset
NEWS
Singapore - May 11, 2017

The Singapore branch of ExxonMobil Chemical Company late on Wednesday said it had reached a deal with Jurong Aromatics Corporation on the purchase of its eponymous…

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Keppel posts first-quarter results
NEWS
Multinational - April 21, 2017

Multi-business group Keppel Corporation late on Thursday announced its financial results for the first quarter of 2017, posting an increase in net profit.

Quarterly…

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Interview
Abu Dhabi - April 03, 2017

TOGY talks to Nabil Helou, partner and managing director of Amana Pipeline Construction, about embarking upon large-scale airport projects, a rise in activity in the…

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Interview
Abu Dhabi - March 13, 2017

TOGY talks to Mohammad Shahin, managing director of MUC Oil & Gas, about petrochemicals refining and storage capabilities in Abu Dhabi. MUC Oil & Gas provides…

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Interview
Malaysia - March 07, 2017

TOGY talks to Thomas Ng, general manager for Weatherford in Malaysia, Brunei, and the Philippines, about the company’s global and local operations, new technologies…

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Interview
Malaysia - February 27, 2017

TOGY talks to Julianna Kamaruddin, general manager of NGC Energy, about potential changes to regulations that will affect the LPG market in Malaysia and the company’s…

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