NEWS
Timor-Leste - February 18, 2016
The Timor-Leste government has settled a major part of its longstanding tax dispute with US energy firm ConocoPhillips, the two said in a joint statement released on…
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Singapore 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.
NEWS
Guyana - May 06, 2024
Seatrium has secured topside integration work for the Guyana-bound FPSO Errea Wittu.
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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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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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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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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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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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NEWS
Ghana - January 25, 2016
The Prof. John Evans Atta Mills floating production, storage and offloading vessel set sail for the Tweneboa-Enyenra-Ntomme (TEN) project off of Ghana over the…
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NEWS
Singapore - January 12, 2016
POSH Terasea has won a contract to move Shell’s Prelude FLNG, the largest offshore hydrocarbons facility ever built, from Korea to Australia.
After completion, the…
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NEWS
Singapore - January 07, 2016
Vallianz Engineering has signed a $21.8 million purchase agreement to acquire two new-build vessels, the Vallianz Holding subsidiary announced in a Thursday…
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NEWS
Singapore - December 21, 2015
The LNG shipping sector is likely to face consolidation and asset sales in the coming years as plunging freight rates and lean demand threatens the industry’s…
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NEWS
Singapore - October 23, 2015
EMS Group has signed a $570-million binding letter of intent for services at an undisclosed shipyard in Asia, the company announced in a Thursday press release.
The…
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NEWS
Australia - September 16, 2015
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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NEWS
UK - September 01, 2015
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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NEWS
Singapore - August 26, 2015
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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NEWS
USA - August 19, 2015
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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