Sembcorp Industries has signed a USD 1.41-billion gas sales agreement with local independent Medco Energi Internasional to import gas from an offshore play in Indonesia…
READ MORESingapore Overview
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.
Singapore's Petrozo Energy will build a USD 32.7-million integrated oil product plant focusing on bitumen in the UAE.
READ MOREVopak has commissioned 40,000 cubic metres of storage capacity for blending biofuels to marine fuels in Singapore.
READ MORESeatrium has resigned a contract with Shell and GasLog LNG Services to service LNG carriers in Southeast Asia.
READ MOREMecwide Angola has commissioned a new metalworks yard in Angola, the construction and maintenance company announced on Thursday.
The facility will provide…
READ MORESalim Al Thuhli, CEO of Khazaen Economic City (KEC), talks to The Energy Year about the project’s aims and ongoing developments, as well as its recent achievements.…
READ MOREIbrahim Al Nadhairi, CEO of Asyad Shipping & Drydock, talks to The Energy Year about the synergies found in combining Asyad’s Shipping and Drydock arms, the…
READ MOREIncreasingly, the world is seeing more water-related natural disasters, and climate change is increasing their frequency and ferocity. Floods, landslides and storms…
READ MORESamer Qiblawi, president and CEO of Marine Capabilities (Marcap), talks to The Energy Year about the key role of partnerships in gaining offshore market share and the…
READ MORESembcorp Marine has successfully delivered the world’s second eighth-generation drillship to its subsidiary in Finland, the Singaporean engineering company announced…
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