Vopak has commissioned 40,000 cubic metres of storage capacity for blending biofuels to marine fuels in Singapore.
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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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Vopak has commissioned 40,000 cubic metres of storage capacity for blending biofuels to marine fuels in Singapore.
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Seatrium has resigned a contract with Shell and GasLog LNG Services to service LNG carriers in Southeast Asia.
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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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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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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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Sembcorp Industries has signed a USD 1.41-billion gas sales agreement with local independent Medco Energi Internasional to import gas from an offshore play in Indonesia…
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Increasingly, the world is seeing more water-related natural disasters, and climate change is increasing their frequency and ferocity. Floods, landslides and storms…
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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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Sembcorp Marine has successfully delivered the world’s second eighth-generation drillship to its subsidiary in Finland, the Singaporean engineering company announced…
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Ademola Adeyemi-Bero, CEO and managing director of FIRST Exploration & Petroleum Development Company (FIRST E&P), talks to The Energy Year about the company’s recent…
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