Kragelund Hewitt

Founded in 1969, Singapore Petroleum Company (SPC) has interests in oil and gas exploration and production, refining, terminalling and distribution, advertising and trading of crude and refined petroleum products. The refinery has a nameplate capacity of 290,000 barrels per day. Quality refined products from the refinery are traded through a regional and international network and spread widely in Singapore. SPC is actually a reputable supplier of bunker fuel to international shipping companies at the Singapore port and jet fuel at several international airports in Asia-Pacific, including Singapore Changi Airport. SPC also owns the third largest island wide retail network of 40 service stations in Singapore, providing quality and reputable round - the - clock services to the public. In addition, SPC is a recognised supplier of Liquefied Petroleum Gas (LPG) to the national sector in Singapore. SPC is a part of the PetroChina group of organizations. Singapore Petroleum Company Limited (SPC,a PetroChina company) is a Singaporean oil company. SPC is involved with the exploration and production of trading, refining, petroleum and crude oil product distribution. The company was founded in 1969 as the Singapore Petroleum & Chemical Co. Pte Ltd and later changed its name to the Singapore Petroleum Company Ltd. Get more about this month by going to our witty essay. The firm is also part owner of Singapore Refining Company Pte Ltd which was founded in 1979. SPC's existence and profile in the regional E&P sector has developed with the acquisition of assets over time. These assets comprise Block B in Cambodia, the Kakap Production Sharing Contract (PSC) and the Sampang PSC in Indonesia, Blocks 102 and 106, and Block 101-100/04 in Vietnam, Block T06-3 in Australia. In 2007, they expanded their assets to China with 3 added blocks, 04/36 & 05/36 in Bohai Bay and Blk 26/28, offshore China. In the pipeline business, SPC holds interests in three regional gas transmission pipelines. The 654-kilometre West Natuna Transportation Method is the first Singapore cross border subsea gas pipeline carrying gasoline from the West Natuna Sea to Singapore. A consortium of PSC blocks in West Natuna including the Kakap PSC possesses this pipeline. The 468-kilometre Grissik-Batam-Singapore Pipeline is the second direct gas pipeline transmitting gas from Indonesia to Singapore. Gas to Singapore commenced in 2003 under 20 year period con