Helix Energy Solutions Group has come to an agreement with Singapore’s Jurong Shipyard to delay work on newbuild well intervention vessel. By pushing back delivery of…
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 MOREJapanese conglomerate Mitsubishi and shipping and logistics entity Nippon Yusen Kabushiki Kaisha paid $446 million on Thursday for a combined 45-percent stake in SBM…
READ MOREA 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…
READ MOREOn 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…
READ MOREInternational operator Heerema Offshore Services (HOS) announced the award of a $1-billion contract to Singaporean firm Sembcorp Marine for the construction of a new…
READ MOREFrench 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,…
READ MOREA second oil tanker has gone missing in Southeast Asia, the International Business Times reported yesterday.
The 7,300-deadweight tonne Petronas oil tanker Orkim…
READ MOREEmas 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…
READ MORENorway’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…
READ MORENorwegian 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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