Primary Energy Consumption86.5 million toe
Oil Consumption1.43 million bopd
Refinery Throughput1.07 million bpd
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.
ENEOS has acquired from Chevron a package of downstream assets in Southeast Asia and Australia for USD 2.2 billion.
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Haresh Sippy of Tema India talks about adjusting the company portfolio to participate in India’s largest, most sophisticated…
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Dwijadas Basak of Tata Power Delhi Distribution talks about preparing for future power consumption patterns with investments in…
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Seatrium announces non-core asset sales as part of its ongoing drive to streamline operations and cut costs.
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Wail Al Jamali of OQ Trading talks about maximising the value of Omani energy resources in international markets
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Australian operator Woodside Petroleum has awarded Norwegian oilfield services company Aibel Singapore a front-end engineering and design contract for the Greater…
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Singaporean contractor SMOE, a subsidiary of Sembcorp Marine, announced in a Monday press release that it had won a contract worth $1 billion from Danish operator…
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Radio Holland, a vessel maintenance company based in Singapore, has signed a managed service agreement – or MSA – with Singapore’s Thome Ship Management.
The…
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OneSubsea has signed a deal to provide the subsea processing systems for Shell’s ultra-deepwater Stones development in the US Gulf of Mexico. The proposed 1,034-bar…
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On Tuesday, Keppel Offshore & Marine, a wholly owned subsidiary of Singaporean marine services company Keppel Shipyard, announced in a press release that it had…
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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…
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Japanese conglomerate Mitsubishi and shipping and logistics entity Nippon Yusen Kabushiki Kaisha paid $446 million on Thursday for a combined 45-percent stake in SBM…
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A 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…
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On 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…
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International operator Heerema Offshore Services (HOS) announced the award of a $1-billion contract to Singaporean firm Sembcorp Marine for the construction of a new…
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