world-class company and one of the biggest energy companies in Asia. We have a long history in Brunei of more than 80 years and we are at the leading edge of energy technology. We put safety and environment at the heart of everything we do and invest in the people and community of Br...
Brunei is a Southeast Asian country on Borneo's northern coast. Rich in oil and natural gas, the Sultanate has pursued economic diversification in recent years, deepening cooperation with Chinese enterprises across various sectors. ...
Brunei is located on the north‑eastern coast of the island of Borneo, facing the South China Sea, and is surrounded by East Malaysia. The economy is resource‑based, and Brunei’s oil and gas sector accounted for over half of the country’s GDP. Its GDP grew comparatively slowly at ...
Brunei's affluence rests entirely on oil and gas. But those reserves – which account for two thirds of GDP – are set to run out in around 20 years. So the race is on for Brunei to diversify its economy – what it calls Vision 2035. “It's a very big challenge for a country wi...
The major economic risks are mainly from domestic factors as a result of its high reliance on the oil and gas sector. While the government has enhanced its efforts to develop other industries, the role of the oil and gas sector in GDP growth, exports and fiscal revenue remained high, the ...
"However, it might not undermine the economic prospect for the whole year, which has been boosted by the rising oil and gas prices." In the second quarter of 2018, the oil and gas sector declined by 2.6 percent at constant prices year-on-year. The decline was mainly associated with the...
Brunei - Oil, Gas, Trade: Brunei’s economy is almost totally dependent on the exploitation of its vast reserves of petroleum and natural gas. Although oil and gas revenues have allowed the state to give its citizens one of the highest per capita incomes
Brunei’s economy is almost totally dependent on the exploitation of itsvastreserves ofpetroleumandnatural gas. Although oil and gas revenues have allowed the state to give its citizens one of the highest per capita incomes inAsia, they also have made thecountrydependent on a single commodity tha...
Brunei Service Provider to oil & gas industry for the supply of equipment and services, Marketing/Product Distribution, Procurement, Supply of Equipment and related services, Energy and Power Services, Specialist Oilfield Services and Drilling Products (
Once completed, the US$15 billion refinery and petrochemical complex is expected to provide up to 10,000 jobs and play a crucial role in weaning the Brunei economy off its traditional dependence on its crude oil and natural gas exports. Although work on the bridge was led by theChina Harbour...