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Oil Industry In Singapore
The petroleum industry in Singapore is accountable for part of the country's economy, exporting about of oil (as of 2007). Singapore is dubbed "the undisputed oil hub in Asia." History The petroleum industry in Singapore dates back to 1891. In 2007, the country exported approximately 68.1 million tons of petroleum. The same year, the Singaporean government published a report titled ''Energy for Growth'', describing how the industry would be sustained. Sector organisation Jurong Island is where most of the country's oil industry's activities take place. Around 95 petroleum organisations are found there. According to The World Fact Book, Singapore produces about 20,170 barrels of crude oil per day, ranking it 78th in the list of the world's oil producing countries. The government-owned Singapore National Oil Corporation (Abbreviation: SNOC) is in charge of the governance of the country's oil industry and protecting it. Value Singapore is described as "the undisputed oil hub in As ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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Economy Of Singapore
The economy of Singapore is a highly developed free-market economy with dirigiste characteristics. Singapore's economy has been previously ranked as the most open in the world, the joint 4th-least corrupt, and the most pro-business. Singapore has low tax-rates and the second-highest per-capita GDP in the world in terms of purchasing power parity (PPP). The Asia-Pacific Economic Cooperation (APEC) is headquartered in Singapore. Alongside the business-friendly reputation for global and local privately held companies and public companies, various national state-owned enterprises play a substantial role in Singapore's economy. The sovereign wealth fund Temasek Holdings holds majority stakes in several of the nation's largest bellwether companies, such as Singapore Airlines, SingTel, ST Engineering and MediaCorp. With regards to foreign direct investment (FDI), the Singaporean economy is a major FDI outflow-financier in the world. In addition, throughout its history, Singap ...
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Asia
Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area of , about 30% of Earth's total land area and 8.7% of Earth's total surface area. The continent, which has long been home to the majority of the human population, was the site of many of the first civilizations. Its 4.7 billion people constitute roughly 60% of the world's population. In general terms, Asia is bounded on the east by the Pacific Ocean, on the south by the Indian Ocean, and on the north by the Arctic Ocean. The border of Asia with Europe is a historical and cultural construct, as there is no clear physical and geographical separation between them. It is somewhat arbitrary and has moved since its first conception in classical antiquity. The division of Eurasia into two continents reflects East–West cultural, linguistic, ...
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Jurong Island, Singapore - 20110227-01
Jurong () is a major geographical region located at the south-westernmost point of the West Region of Singapore. Although mostly vaguely defined, the region's extent roughly covers the planning areas of Jurong East, Jurong West, Boon Lay, and Pioneer, along with Jurong Island in the Western Islands cluster and the southernmost portions of the Western Water Catchment. Should it be described at its greatest historical extent, the region can also include present-day Bukit Batok and Tuas. Jurong also covers several offshore islands as well, including Pulau Damar Laut and Pulau Samulun, both of which are located within the planning areas of Jurong East and Boon Lay respectively; along with the aforementioned Jurong Island. The coastline of the region on mainland Singapore, faces the strait of Selat Jurong, while the southernmost island of the region, Jurong Island, faces the strait of Selat Pandan. Jurong was first developed and heavily industrialised in the late 1960s in respons ...
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Jurong Island
Jurong Island is an island located to the southwest of the main island of Singapore. It was formed from the amalgamation of seven offshore islands, the islands of Pulau Ayer Chawan, Pulau Ayer Merbau, Pulau Merlimau, Pulau Pesek, Pulau Pesek Kechil (also called Terumbu Pesek), Pulau Sakra (which was a previous merger of Pulau Sakra and Pulau Bakau), Pulau Seraya, Pulau Meskol, Pulau Mesemut Laut, Pulau Mesemut Darat and Anak Pulau. This was done through Singapore's land reclamation efforts. Land reclamation on Jurong Island was completed on 25 September 2009, 20 years earlier than scheduled. Pulau Buaya was joined to Jurong Island via reclamation in 2010. Jurong Island forms a land area of about from an initial area of less than , and is the largest of Singapore's outlying islands. History The island was previously a stop on a maritime trade route. Jurong island used to be a maze of island hideouts frequented by raiding pirates. Later in the early 19th century, entrepreneu ...
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The World Fact Book
''The World Factbook'', also known as the ''CIA World Factbook'', is a reference resource produced by the Central Intelligence Agency (CIA) with almanac-style information about the countries of the world. The official print version is available from the Government Publishing Office. The ''Factbook'' is available in the form of a website that is partially updated every week. It is also available for download for use off-line. It provides a two- to three-page summary of the demographics, geography, communications, government, economy, and military of each of 267 international entities including U.S.-recognized countries, dependencies, and other areas in the world. ''The World Factbook'' is prepared by the CIA for the use of U.S. government officials, and its style, format, coverage, and content are primarily designed to meet their requirements. However, it is frequently used as a resource for academic research papers and news articles. As a work of the U.S. government, it is in ...
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Abbreviation
An abbreviation (from Latin ''brevis'', meaning ''short'') is a shortened form of a word or phrase, by any method. It may consist of a group of letters or words taken from the full version of the word or phrase; for example, the word ''abbreviation'' can itself be represented by the abbreviation ''abbr.'', ''abbrv.'', or ''abbrev.''; ''NPO'', for nil (or nothing) per (by) os (mouth) is an abbreviated medical instruction. It may also consist of initials only, a mixture of initials and words, or words or letters representing words in another language (for example, e.g., i.e. or RSVP). Some types of abbreviations are acronyms (some pronounceable, some initialisms) or grammatical contractions or crasis. An abbreviation is a shortening by any of these or other methods. Different types of abbreviation Acronyms, initialisms, contractions and crasis share some semantic and phonetic functions, and all four are connected by the term "abbreviation" in loose parlance. A initialism is ...
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Singapore Dollar
The Singapore dollar (sign: S$; code: SGD) is the official currency of the Republic of Singapore. It is divided into 100 cents. It is normally abbreviated with the dollar sign $, or S$ to distinguish it from other dollar-denominated currencies. The Monetary Authority of Singapore (MAS) issues the banknotes and coins of the Singapore dollar. As of 2019, the Singapore dollar is the 13th-most traded currency in the world by value. Apart from its use in Singapore, the Singapore dollar is also accepted as customary tender in Brunei according to the Currency Interchangeability Agreement between the Monetary Authority of Singapore and the Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam). Likewise, the Brunei dollar is also customarily accepted in Singapore. History The Spanish-American silver dollar brought over by the Manila galleons was in wide circulation in Asia and the Americas from the 16th to 19th centuries. From 1845 to 1939 the Straits Sett ...
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Lanxess
Lanxess AG is a German specialty chemicals company based in Cologne, Germany that was founded in 2004 via the spin-off of the chemicals division and parts of the polymers business from Bayer AG. Shares in Lanxess AG were listed in Germany’s DAX from September 24, 2012 to September 21, 2015 and form part of MDAX, a midcap index. The company is listed in the Dow Jones Sustainability Index and FTSE4Good Index. In 2016, the company began to focus on the market for additives for lubricants and fire retardants by acquiring Chemtura and placing its rubber business into a joint venture with Aramco. In February 2020, Lanxess acquired Brazilian biocide manufacturer Itibanyl Produtos Especiais Ltda. (IPEL). In July 2022, Lanxess completed its acquisition of International Flavors & Fragrances International Flavors & Fragrances is an American corporation that produces flavors, fragrances, and cosmetic actives, which it markets globally. It is headquartered in New York City and has cre ...
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SembCorp Marine
Sembcorp Marine Limited an Singaporean company. It is listed on the Singapore Exchange (SGX). It was a subsidiary of Sembcorp until 2020, when the companies demerged following Sembcorp Marine's poor financial performance. Sembcorp Marine's products and services include rigs & floaters, repairs & upgrades, offshore platforms and specialised shipbuilding. It conducts its businesses globally through shipyards in Singapore, Indonesia, the United Kingdom and Brazil. In October 2017, Sembcorp Marine won a $490m contract for the construction of a new floating production storage and offloading hull and living quarters with Statoil Petroleum AS. In November of the same year, it announced a collaboration with DNV GL, A*Star's Singapore Institute of Manufacturing Technology and the National Additive Manufacturing Innovation Cluster to develop drones, additive manufacturing and digital twin technologies. On 5 September 2018, Sembcorp Marine acquired the intellectual property of Sevan Ma ...
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Keppel Corporation
Keppel Corporation (also known as Keppel Corp) is a Singaporean conglomerate headquartered in Keppel Bay Tower, HarbourFront. The company consists of several affiliated businesses that specialises in offshore & marine, property, infrastructure and asset management businesses. The company was founded in 1968 as Keppel Shipyard at the Keppel Harbour situated in Tanjong Pagar before moving its operations to Jurong, where the company focused on offshore and marine activities. Notable Keppel subsidiaries include Keppel Offshore & Marine (world's largest oil rig builder) and Keppel Land (world's 2nd most sustainable diversified real estate developer). History 1900 to 1980s: Keppel Harbour, establishment of Keppel Shipyard and expansion The name of the company ''Keppel'' was derived from a British ship captain, Captain Henry Keppel, who discovered a natural, deepwater harbour (the Keppel Harbour) in Tanjong Pagar in 1848. The harbour was previously known as New Harbour until 1900 whe ...
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Outline Of Singapore
The following outline is provided as an overview and topical guide to Singapore: Singapore – a sovereign republic comprising the main island of Singapore and smaller outlying islands which are located at the southern tip of the Malay Peninsula in Southeast Asia. Singapore lies north of the equator, south of the Malaysian state of Johor and north of Indonesia's Riau Islands and is in-between the Straits of Malacca and the South China Sea. Singapore is one of the three true city-states in the world, along with Monaco and the Vatican City, and is the only one with full self-governance, its own currency, and a significant military force. It is the second smallest nation in Asia by land area, ahead of Maldives and similar to Bahrain. General reference *Pronunciation: or *Common English country name: Singapore *Official English country name: The Republic of Singapore *Official endonyms: Singapore (English), ''Singapura'' ( Malay), (Pinyin: ''Xīnjiāpō'', M ...
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