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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.

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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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Seatrium triumphs with $8-billion deal for FPSOs
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Singapore's Seatrium has won a contract valued at more than $8 billion from Brazil’s Petrobras for the newbuild supply of two…

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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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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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Angola - September 21, 2023

Mecwide Angola has commissioned a new metalworks yard in Angola, the construction and maintenance company announced on Thursday.

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Samer 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…

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