Our Profile
A joint venture between Singapore Petroleum Company Limited and Chevron Singapore Pte. Ltd. is the Singapore Refining Company Private Limited (SRC). SRC, which is based on Jurong Island, Singapore's petrochemical center, runs a refinery with the capacity to process 290,000 barrels of crude oil per day. The refinery creates fuel products and chemical feedstocks, which are then sold on the domestic market and exported to other countries under the brand names of its shareholders.
Organisation Structure
The following are key functional areas required to run and support the business:
Operations
The Activities division is in charge of process optimization and the safe, effective, and efficient administration of the complete refining operations. Its main responsibility is to reliably run the numerous refining procedures and off-site tasks in order to develop and deliver products that adhere to specifications. The department’s field staff work three 8-hour rotating shifts.
Commercial
All SRC commercial activities, including as supply and production control, planning and economics, business analysis, and quality control/laboratory, are under the purview of the commercial department.
Reliability and Maintenance
The RM department is in charge of promoting reliability and integrity concerns in order to achieve optimal plant availability and utilisation. Its responsibilities include dependability and inspection.
Commercial
All SRC commercial activities, including as supply and production control, planning and economics, business analysis, and quality control/laboratory, are under the purview of the commercial department.
Project Development & Engineering
The smaller-scale capital projects at SRC are managed by the PD&E division from the conceptual stage through final commissioning. This section is also responsible for maintaining the refinery’s technical documentation and providing development engineering support for the execution of internal projects.
Health, Safety, Environment & Quality
For the safe functioning of the refinery and the safety of all refinery employees, the HSEQ department is in charge of ensuring effective management of health, safety, environment, and quality. To control workplace dangers and pollutants, it is involved in defining standards and monitoring compliance with corporate policy and governmental regulations. Additionally, it is adopting proactive methods to increase knowledge of accepted norms, best practices in the industry, and lessons learned for ongoing development of HSEQ-related performance in the refinery.
Finance & Administration
The F&A department is in charge of developing and putting into effect financial policies, as well as managing the Company’s corporate insurance program and overall support for financial and cost accounting, budgeting and management reporting, treasury management, tax planning, and compliance reporting. Its range of responsibilities also includes accounting and information services for the oil industry.
Human Resource
The HR department is in charge of developing personnel policies and procedures, planning and staffing for human resources, compensation and rewards strategies, managing medical and welfare benefits, performance management, adhering to employment law, fostering the best possible working relationships with staff members, including the staff union, and facilitating employee communications as well as office general services.
Human Resource
The HR department is in charge of developing personnel policies and procedures, planning and staffing for human resources, compensation and rewards strategies, managing medical and welfare benefits, performance management, adhering to employment law, fostering the best possible working relationships with staff members, including the staff union, and facilitating employee communications as well as office general services.
Corporate Culture
Teamwork and esprit de corps are equally important principles in SRC’s pursuit of success, even while it requires the greatest degree of performance and personal dedication from each employee. The company’s primary operating principle is safety.
The SRC worker behaves in accordance with the following guidelines.
- Safety comes first to safeguard the environment, people, and property.
- Concentrating on reliability to deliver organizational performance
- Happiness of customers with high-quality goods and services
- Business-mindedness will assure our long-term success.
- Collaborating to attain shared objectives
- Valuing the contributions of employees and maximizing their potential
- Taking ownership and pride in our job
- Constant improvement is how we pursue excellence in everything we do.
Business Conduct and Ethics Code
We have a Business Conduct and Ethics Code (the “Code”) that outlines the standards by which we can conduct our business affairs honestly, ethically, and with respect for one another.
SRC is firmly committed to following the greatest standards of morality and ethics in all of its dealings with customers, shareholders, vendors, contractors, the general public, and regulatory bodies. At the same time, SRC expects all of our business partners to uphold, follow, and respect the Code.
We think that the long-term success of SRC’s business depends on relationships formed on mutual benefit and trust. In all of its commercial dealings, the Company is dedicated to maximizing gains for all parties. SRC aims to maintain a long-lasting partnership with its business partners based on high performance standards, keeping its word, openness, and flexibility, as well as learning from others, mutual understanding and interdependence, and sharing success.
SRC will not put up with any behavior that compromises the Code or violates the law in order to obtain goals or results. Through the channels outlined in our Whistle Blowing Policy, known or potential infractions or concerns can be reported.
To download a copy of the Code, click below.
