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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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Abdulrahman Abdulla AL MUSTAFAWI AL HASHEMI, Managing Director of AL-TAWFEEQ TRADING & CONTRACTING
Interview
Qatar - June 16, 2020

Abdulrahman Al Mustafawi Al Hashemi, managing director of Al-Tawfeeq Trading & Contracting, talks to The Energy Year about why Qatar’s energy industry is poised to…

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Interview
Indonesia - June 11, 2020

Gary Selbie, president-director of Premier Oil Indonesia, talks to The Energy Year about how the company kept its offshore operations going after the Covid-19 pandemic…

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Oil down on continued oversupply worries
NEWS
Multinational - April 20, 2020

Oil continued to slide from the previous session on Monday in Asia as producers continue to grapple with a supply glut.

International Brent oil futures dropped 1% to…

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Interview
Indonesia - April 07, 2020

Rudy Radjab, president-director of Kreasindo Resources Indonesia, talks to The Energy Year about the impact of Indonesia’s Refinery Development Master Plan (RDMP) and…

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Interview
Ghana - March 12, 2020

M.C. Vasnani and Linda Vasnani, CEO and COO of Consolidated Shipping Agencies (Conship), talk to The Energy Year about the relationship between the private sector and…

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Interview
Indonesia - February 11, 2020

Gary Selbie, president of Premier Oil Indonesia, talks to TOGY about the changes needed to realise the country’s gas future, pressure on the regional LNG market and…

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Ophir in Indonesia gas find
NEWS
Indonesia - December 07, 2018

Ophir Energy has discovered gas in Indonesia, partner Cue Energy Resources announced on Friday.

The Paus Biru-1 well offshore East Java struck about 29 metres of…

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Imanverdi HASANOV, General Manager of BAKU SHIPYARD
Interview
Azerbaijan - December 6, 2018

Imanverdi Hasanov, general manager of Baku Shipyard, talks to TOGY about the shipyard’s ongoing and targeted projects, its expansion strategy in the region and the…

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Mohamed HAJI, CEO of ROTAN POWER
Interview
Ghana - November 2, 2018

TOGY talks to Mohamed Haji, the CEO of Rotan Power, about the need for power in the Ghanaian market, the legal framework in the country and its natural gas network.…

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