DMV topbanner

Tag: Singapore

Allseas awarded contract by Aster Chemicals & Energy

Allseas secures a contract from Aster Chemicals & Energy for rejuvenation of subsea and mooring infrastructure on Singapore’s Bukom Island — part of wider upgrades to the nation’s refining hub.

Air Liquide invests EUR 130M

Air Liquide will invest EUR 130 million to build and operate two new industrial gas plants in Singapore to support semiconductor manufacturing, reinforcing its leading position in Asia’s electronics sector.

Malaysia to auction green power for export to Singapore

Malaysia launches a new auction under its Energy Exchange Malaysia (Enegem) programme to expand renewable electricity exports to Singapore — supporting ASEAN’s regional power grid vision.

ExxonMobil starts first-of-its-kind technology in Singapore

ExxonMobil has commissioned new facilities on Jurong Island that convert crude oil residues into higher-value products, adding 20,000 bpd Group II base stocks capacity. Used in engine oils, gear oils, and marine oils – driving stainless steel demand in refining and process equipment.

Marco Polo Marine adds two new AHTS vessels

Marco Polo Marine is adding two AHTS vessels (USD 34M) to support offshore O&G and wind projects in Southeast and Northeast Asia. Both vessels feature advanced DP2 and firefighting systems, requiring stainless steel in marine/offshore applications.

Ningbo Ocean Shipping to invest USD 406.5M

Via Singapore, Ningbo Ocean will set up two subsidiaries to build eight container ships at Huangpu Wenchong — four 2,700 TEU and four 4,300 TEU — using own/self-raised funds.

Changi water reclamation plant phase 3 expansion set to commence

PUB appoints Binnies-AECOM JV for Changi WRP Phase 3 expansion, adding 96 million gallons per day capacity to strengthen Singapore’s water sustainability.

Air Liquide signs a long-term gas supply agreement with VSMC

Air Liquide will invest EUR 70 million to construct an ultra-high purity gas plant in Singapore’s Tampines Wafer Fab Park. The plant, operational in 2026, will supply VSMC and support Singapore’s growing semiconductor manufacturing sector.

CARES USD 31M worth of new projects

Cambridge Centre for Advanced Research and Education in Singapore (CARES) is leading two projects worth USD 31M to reduce fossil fuel reliance in the chemical manufacturing industry and energy systems. One project investigates hydrogen and ammonia combustion for power generation and use in the aviation and maritime industries, utilizing a laser diagnostic system to analyze emissions.

Meranti Green Steel plans to build a green steel plant

Meranti Green Steel plans to build a green steel plant in Thailand’s IRPC Eco-Industrial Zone, with a capacity of up to 2.5 million tons of low-carbon hot-rolled coils per year. The plant, scheduled to start up in mid-2028, will initially use natural gas for 80-90% of its energy, supplemented by green hydrogen. Meranti aims to significantly reduce CO2 emissions during production.