Back toour markets

Brunei Overview

Brunei

in figures

Oil Reserves1.1 billion barrels

Oil Production113,000 bopd

Gas Reserves300 bcm

Gas Production12 bcm

Brunei: Push for New Discoveries

With the hydrocarbons industry accounting for more than half of its GDP, Brunei has become a major player in Southeast Asia’s oil and gas industry. The country is the regions fourth-largest crude producer and ninth-largest LNG exporter, but is now concentrating its efforts on expanding beyond energy while increasing exploration and strengthening the downstream sector.

Brunei Shell Petroleum (BSP) is the main exploration and production company in Brunei. A 50:50 joint venture between supermajor Shell and the government of Brunei, BSP has been active in the country since 1929. It is the largest operator in the country, providing 90 percent of the hydrocarbons output and producing from over 4,500 reservoirs through more than 800 wells. BSP also owns the 10,000 bopd Brunei Refinery.

Shell finalises Timi gas project in Malaysia
NEWS
Malaysia - August 30, 2021

Sarawak Shell Berhad has taken its final investment decision on the Timi gas development in Malaysia, parent company Royal Dutch…

READ MORE
Struggle for South China Sea
Articles
China -

Global tensions continue to rise over disputed claims of sovereignty in the South China Sea, a region with significant proved…

READ MORE
Interview
China - February 03, 2017

TOGY talks to T.G. Zhang, Senior vice-president and general manager of Siemens China. The company has been active in China across numerous industries and sectors…

READ MORE
SapuraKencana in wave of deals
NEWS
Malaysia - January 09, 2017

SapuraKencana Petroleum has signed a slew of contracts for offshore work amounting to USD 299 million in recent weeks, the Malaysian operator announced on…

READ MORE
Petronas to update Canadian LNG plans
NEWS
Canada - December 29, 2016

Petronas intends to replace a contested bridge at the proposed Pacific NorthWest LNG site in Canada in order alleviate local concerns, according sources familiar with…

READ MORE
Oil up as non-OPEC states announce cuts
NEWS
- December 12, 2016

Brent futures rose above USD 57 a barrel on Monday, the highest level since July 2015, after non-<a…

READ MORE
Canada signs off on Petronas LNG plan
NEWS
Canada - September 28, 2016

With the hydrocarbons industry accounting for more than half of its GDP, Brunei has become a major player in Southeast Asia’s oil and gas industry. The country is the…

READ MORE
Interview
Oman - May 12, 2016

Musallam Al Mandhari, CEO of the Oman Society for Petroleum Services (Opal), sat
down with TOGY to discuss the organisation’s changing focus in 2016. He says Opal…

READ MORE
New Gulf of Tonkin conflict brewing
NEWS
Vietnam - April 08, 2016

With the hydrocarbons industry accounting for more than half of its GDP, Brunei has become a major player in Southeast Asia’s oil and gas industry. The country is the…

READ MORE
Pacific Northwest pipeline review resumes
NEWS
Canada - December 23, 2015

With the hydrocarbons industry accounting for more than half of its GDP, Brunei has become a major player in Southeast Asia’s oil and gas industry. The country is the…

READ MORE

 

WHOSE PLATFORM IS THIS?
ASK US

  • Do you have a question for TOGY about oil and gas?
  • If we know, we’ll tell you.
  • If not, we’ll ask the experts in the field.