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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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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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Sales of stored oil up
NEWS
Multinational - February 24, 2017

Oil prices fell slightly on Friday on news that US stocks had grown by 564,000 barrels in the week ending February 17, even as hopeful signs emerged of the priciest…

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Interview
Malaysia - January 30, 2017

TOGY talks to Steven Eshelman, Honeywell UOP’s general manager for the Asia Pacific region, about the company’s technological innovations, the reasons Malaysia is…

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Keppel sees slow recovery
NEWS
Singapore - January 26, 2017

Singapore’s Keppel on Thursday announced its fourth quarter and full-year 2016 results, with the company bracing for a prolonged slump in the offshore sector.

The…

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PLN gives Pertamina second shot at Jawa 1
NEWS
Indonesia - January 24, 2017

Indonesian state utility company Perusahaan Listrik Negara (PLN) on Tuesday granted a Pertamina-led consortium another chance to reach a power-purchase agreement (PPA)…

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Interview
Abu Dhabi - January 23, 2017

TOGY talks to Christopher Gunson, partner at Amereller, about the oil and gas industry in the UAE and the surrounding region, other countries with potential, and the…

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Eni FPSO arrives in Angolan waters
NEWS
Angola - December 12, 2016

Eni’s newest floating production, storage and offloading (FPSO) vessel arrived in Angolan waters on Friday, TOGY learned over the weekend. Destined for operations in…

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Statoil shuns Airbus’ Super Puma
NEWS
Norway - December 07, 2016

Norwegian major Statoil will no longer use Airbus Helicopters’ H225 Super Puma aircraft, the company communicated on Tuesday.

An accident involving the mentioned…

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Interview
India - December 1, 2016

TOGY talks to B. C. Tripathi, chairman and managing director of GAIL, about the company’s current operations, the rise of LNG in India and opportunities for investors…

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Adnoc to bet on petrochemicals
NEWS
Abu Dhabi - November 28, 2016

Abu Dhabi National Oil Company (Adnoc) aims to more than double its petrochemicals output over the next nine years, its CEO said on Monday.

According to Sultan Ahmed…

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