Swire Oilfield Services has established an Asia-Pacific regional headquarters in Singapore.

Located in the Loyang supply base, the new headquarters will act as a hub for all operations across the region including Indonesia, Malaysia, Brunei, India, Middle East, Sakhalin, Australia, and New Zealand. The hub will house all management, financial, engineering, design and operational teams for the region.

In the past year, the company has invested £5 million ($7.7 million) in the region, and is investing an additional £20 million ($30.7 million), as part of a £100 million ($153.5 million) global development strategy.