SPC profile

Founded in 1969, SPC has grown from a predominantly homegrown company to a regional player with presence in Australia, Cambodia, China, Hong Kong, Indonesia, Taiwan, Thailand and Vietnam.  Today, SPC is an integrated oil and gas company boasting business activities which include oil and gas exploration and production, gas pipelines, refining, terminalling and distribution, marketing, trading and sale of refined products.
 
To achieve a more integrated business portfolio, SPC diversified into the upstream sector in 2000. Towards this strategic goal, SPC successfully acquired upstream assets in the Asia-Pacific region. Its acquisitions have good exploration potential and are geared towards enhancing the Company’s production base to support SPC’s long-term growth.
 
SPC holds a 50% interest in the Singapore Refining Company (SRC), a world-class refinery with a nameplate capacity of 290,000 barrels per day. SRC resides on Jurong Island, the petrochemical hub of Singapore. SRC maintains its reputation as a supplier of quality refined petroleum products through continuously upgrading of its capabilities.
 
SPC was one of the first companies in Singapore to be granted Approved Global Trader status. Its oil trading activities include the buying and selling of crudes, feedstocks and products to an established network of customers.