Oil prices inched down on Monday morning in Asia, despite a bounce in the region’s stock markets. Investors remained cautious after a sell-off last week that could…
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 MOREThe deep offshore Kaombo project has successfully begun production, Total announced on Friday.
The 115,000-bopd Kaombo Norte FPSO has been brought on stream, and…
READ MOREKevin Ramnarine, Trinidad and Tobago’s former minister of energy and energy industries, talks to TOGY about policy changes that have led to a more attractive and…
READ MOREHimmat Ahlawat, general manager in Kuwait for Wilhelmsen Ships Service (WSS), talks to TOGY about how Kuwait’s maritime infrastructure needs to evolve, the…
READ MOREThe first Kaombo FPSO has arrived in Angolan waters, Total announced Friday.
Kaombo Norte left its base in Singapore in March 2018. Both of the two FPSOs planned…
READ MOREAdi Agung Tirtamarta, the president-director of Bayu Martim, talks to TOGY about how maritime companies are reacting to lowered rates, the availability of projects in…
READ MOREThe government of the Philippines will put 14 offshore blocks on offer later this year, international media reported on Sunday.
A reputation for cumbersome…
READ MOREKaombo Norte, the first FPSO for Angola’s Block 32, left its base in Singapore for marine tests on Tuesday, Laurent Maurel, Total E&P Angola’s general manager,…
READ MOREThe crew of an Indian oil tanker has regained control over their vessel after a pirate attack off the coast of Benin, the tanker’s management company announced on…
READ MOREOman LNG has signed a seven-year sales agreement with BP, local and international media reported over the weekend.
BP Singapore will purchase about 18 LNG cargoes…
READ MOREWHOSE PLATFORM IS THIS?
ASK US
- Do you have a question for TOGY about oil and gas?
- If we know, we’ll tell you.
- If not, we’ll ask the experts in the field.