Brunei Darussalam Energy

Displaying 37 - 41 of 41

As ASEAN chair in 2013, Brunei Darussalam has a regional agenda to push forward alongside its domestic plans for the year. Chief among its local priorities is developing alternative resources streams in its economy, which has long been driven by its oil and natural gas revenues. 

While Brunei Darussalam’s Energy Department is pushing for full localisation of human resources in the oil and gas sector, firms say the transient nature of the industry and a lack of experienced locals makes this a challenge.
With a well-stocked energy sector, international buyers are lining up to access Brunei Darussalam’s liquefied natural gas (LNG). It will be up to officials to ensure that a balance is struck between fuelling overseas demand and supplying the local economy, and in particular, the country’s growing petrochemicals industry.
With a radical overhaul of its energy sector planned, Brunei Darussalam is looking to ramp up production at the wellhead while expanding downstream activities through a long-term programme that is intended to quadruple national revenue and boost employment.
Brunei and Malaysia have agreed that joint demarcation and survey activities can begin next year on previously disputed offshore oil and gas blocks. The move draws a clearer picture of the role international companies will play in a development expected to significantly boost the Sultanate’s reserves.

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart