Aster has announced a significant investment of $125m to revitalise Singapore’s critical offshore infrastructure. This strategic initiative focuses on upgrading the Single Buoy Mooring (SBM) and pipeline facilities, essential for high-volume energy imports and the competitiveness of Singapore’s refining and petrochemical sectors.
The contracts for this multi-phase programme have been awarded to global partners, including Allseas and DOF, who will handle the engineering, installation, and commissioning of the SBM and pipeline infrastructure. The upgraded facilities are expected to provide over 20 years of reliable service, reinforcing Singapore’s position as a vital energy and logistics hub.
Mashhad Dohadwala, Aster’s Director for Projects & Technology, emphasised the importance of robust infrastructure, stating, “The upgraded SBM pipeline is projected to provide more than 20 years of reliable service, supporting Singapore’s growth, competitiveness, and laying the groundwork for continued economic development.”
Allseas Vice President Projects, Matthijs Groenewegen, expressed enthusiasm about the collaboration, noting, “We are delighted to have been selected for this key infrastructure project, and look forward to working together with Aster to ensure safe and efficient delivery.”
This investment not only aims to improve operational efficiency by easing jetty capacity demand but also supports Aster’s future growth plans, including the rejuvenation of its refinery and condensate splitter unit. As Singapore continues to grow as an energy and logistics hub, this development marks a significant step in ensuring the reliability and competitiveness of its energy infrastructure.
