Aster Invests $125 Million to Upgrade Singapore SBM Pipeline Infrastructure

Aster is investing $125 million to modernize its single buoy mooring (SBM) and pipeline system in Singapore, securing long-term crude transfer capacity to its Bukom refinery.

(P&GJ) — Singapore-based Aster is committing $125 million to upgrade its single buoy mooring (SBM) and pipeline infrastructure, a critical offshore system that enables direct crude oil transfers from tankers to its Bukom refinery.

The offshore facility, located about 5 kilometers (3 miles) from Aster’s assets, serves as a vital midstream link for Singapore’s refining and petrochemical operations. The rejuvenation program is expected to relieve pressure on jetty capacity while supporting Aster’s refinery and condensate splitter expansion plans.

Contracts for engineering, installation, and commissioning have been awarded to Allseas and DOF, both global players in subsea construction.

“We believe that robust infrastructure is the backbone of economic progress. The upgraded SBM pipeline is projected to provide more than 20 years of reliable service, supporting Singapore’s growth and competitiveness as an energy hub,” said Mashhad Dohadwala, Aster’s Director for Projects & Technology.

Allseas Vice President Matthijs Groenewegen added that the company’s four decades of pipeline installation experience will support its growing footprint in Asia. DOF Asia Pacific’s Executive Vice President Michael Rosich also highlighted the project’s importance to Singapore’s energy sector.

The multi-phase upgrade underscores Singapore’s reliance on offshore midstream assets to maintain supply security and competitiveness in Asia’s energy markets.