French energy giant Total celebrated the opening of its new Asia-Pacific headquarters and strategic hub at Frasers Tower in Singapore. The company’s objective is improve its operational efficiency and drive its business growth in LNG and renewable energies.
Located on Cecil Street in the heart of the business district, the headquarters spans about 125,000 square feet, a 65 per cent increase from its old premises in Odeon Towers and Raffles City. The six-storey office space brings its non-manufacturing business units, which were scattered in either of its two original premises, under one roof, promising greater operational efficiency.
The inauguration ceremony was graced by Teo Chee Hean, Senior Minister and Coordinating Minister for National Security, and Marc Abensour, Ambassador of France to Singapore.
Speaking at the official opening, Mr Teo said that Total’s new headquarters at Frasers testifies to its long-standing partnership with Singapore since 1982. “Today, we mark yet another milestone of Total’s partnership with Singapore.”
Starting its operations in 1982 with oil trading and lubricant products sales, the international oil and gas company has steadily expanded its presence Singapore’s retailing petrochemicals, marketing petroleum products and related services.
Total’s lubricants blending plant at Singapore Lube Park in Tuas is its largest and most modern in the world.
“Total’s new regional headquarters is a signal of our continued strong confidence in Singapore as an attractive business destination and talent hub for our diverse business including exploration and production, gas, renewable and power, refining & chemicals; marketing and services; trading and shipping; and Total Global Services,” said Mr Christian Cabrol, president and chief executive of Total Asia Pacific, and Country Chair Singapore.
(Source: The Business Times/Straits Times/Total/CNA – Image: RneB/energy global news)