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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.

Petrozo Energy to build bitumen plant in UAE
NEWS
UAE - March 01, 2024

Singapore's Petrozo Energy will build a USD 32.7-million integrated oil product plant focusing on bitumen in the UAE.

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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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A city of opportunities in Oman Khazaen_Salim-AL-THUHLI
Interview
Oman - August 03, 2023

Salim 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.…

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Integrated efficiency in shipping and dry-docking Asyad Oman Ibrahim-AL-NADHAIRI
Interview
Oman - August 01, 2023

Ibrahim 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…

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Kosala WIJESINGHE GAC Angola
Interview
Angola - April 02, 2021

Kosala Wijesinghe, general manager of GAC Angola, talks to The Energy Year about how the company’s services and strategy are evolving as activity resumes in Angola…

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Joao Filipe Cabship
Interview
Angola - February 22, 2021

João Filipe, chairman and CEO of Cabinda Shipping Services (Cabship), talks to The Energy Year about the revolutionary potential of digitalisation in the logistics…

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Eddy-KURNIAWAN-LOGAM
Interview
Indonesia - October 15, 2020

Eddy Kurniawan Logam, president-director of Logindo Samudramakmur, talks to The Energy Year about how Covid-19 has impacted the company’s operations and how Indonesia…

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Abdul Hakeem MOSTAFAWI
Interview
Qatar - September 22, 2020

Abdul Hakeem Mostafawi, CEO of HSBC Qatar, talks to The Energy Year about how the recent crisis has hastened the development of local supply chains and spurred new…

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Jim Truesdell
Interview
Indonesia - September 16, 2020

Jim Truesdell, president-director of Samson Tiara, talks to The Energy Year about how the company is shifting its training courses online and whether Indonesia’s…

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