Over the years, Singapore has built up a vibrant system of oil majors, drilling contractors, specialised marine equipment and offshore rig manufacturers, as well as engineering service providers. Riding on this wave, MTA Singapore 2013, the leading precision engineering industry trade event in Asia, will be showcasing tools that aid in the manufacturing of machine parts for the oil & gas industry at the Singapore Expo from 9 – 12 April 2013.
Top quality machinery for oil and gas sector in high demand
Singapore is the global leader for the design and construction of offshore rigs, platforms and support vessels. Even without hydrocarbon resources, Singapore currently dominates 70 per cent of the global market share in the manufacturing of jack-up rigs for offshore drilling. According to Singapore’s Ministry of Trade & Industry, the current economic uncertainties has not hampered the country’s progress, for Singapore’s marine and offshore sector continues to prove resilient with its total turnover in 2011 at US$13.3 billion, and current net orders at a new high of more than US$16 billion with deliveries extended to 2015.
With such imperative need for offshore equipment, coupled with the projected increase in demand in Asia for oil exports, the outlook for machine tool companies specialising in producing machinery parts for the oil & gas industry continues to remain upbeat.
MTA Singapore 2013 zooms in on solutions for high value sectors
MTA Singapore 2013 will be putting up a Capabilities Hub – a showcase featuring a group of precision engineering enterprises that provide a comprehensive range of products and services catering to high value sectors such as Aerospace, Complex Equipment, Medical Technology and Oil & Gas. Regarded for their high levels of competency, quality control systems, fast response & turnaround and excellent after-sales support, these companies include A&One Precision Engineering, ACP Metal Finishing, Beyonics Technology, CEI Contract Manufacturing, Chinyee Engineering & Machinery, Frontken (Singapore), Fujicon Engineering, Hup Fatt Brothers Engineering, Index Precision Industries, JCS-Vanetec, JEP Precision Engineering, Meiban Group, Microcast, Nanotechnology Manufacturing, Onn Wah Precision Machining, Racer Technology, Solidmicron Technologies, ST Kinetics Integrated Engineering, Trek 2000 International, Tru-Marine, Vigor Precision Engineering and Wah Son Engineering.
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