583
13062271820822662102
Borneo8657191075376787117147177
Bulletin1055719107537678093123140153183
Yearbook12527191075305585105135165195222
202014877191075275480107
BSP…FUELLING567823018760111162324363425471519566598658717
BRUNEI’S1309823018760119179239285317348400
FUTURE1734823018746108156219278324
Since567106301094565104139178
the765106301094080119
discovery904106301095575110144184218258282317
of1240106301095681
the1340106301094180120
Seria14791063010961100125145184
field168310630109355595114154
in1856106301093675
1929,1951106301095695135174194
Brunei567120301094570109149188208
Darussalam7941203010989130156197233269309330371432
has12471203010980120154
forged14211203010964103128167207246
an16871203010979118
enduring18251203010978118157197222241281320
partnership567134301094079104129168208232267306326365
with949134301096080104144
Royal1109134301094585119159179
Dutch1304134301095090114149188
Shell,1509134301094585124144163183
a17091343010940
relationship176813430109226281121145165204244279318338377
that567148301092565104129
reaches715148301092564104138178217252
back986148301094079114149
more1154148301096099124163
than1337148301092464103143
nine149914830109405999138
decades.1657148301094079114153193232267286
From56717630109356099159
its745176301097398132
humble8971763010992132192231251290
beginnings,12071763010992132171191230270290329369403423
Brunei16491763010998123162202241261
Shell19291763010998137177197216
Petroleum567190301094079104129168188227267326
(BSP)913190301093276121160180
is1112190301093267
now1198190301095292151
the1369190301093776116
largest150519030109317196135175209234
oil175819030109527291
and1869190301095291131
gas2019190301095292126
company567204301093575134174213253287
in874204301094181
the975204301094686125
Sultanate,11202043010967106126150190229269293333352
boasting14922043010962101141175200219259298
a18102043010962
diverse1891204301096281116156180215254
and567218401094079119
highly706218401095473113152172206
qualified932218401095494133153172192212251291
workforce12422184010975114139174198238262297336
of1598218401095479
around1696218401095579119158198237
4,0001953218401095474113153192
employees5672324010940100139159198233272312346
and933232401094281121
more10752324010960100124164
than1258232401092767106146
20,0001423232401094282101141180220
contractors.1662232401093777116141165205239264303328362382
To2064232401094181
this56724640109256584119
day,702246401094079114133
BSP851246401094590129
remains1000246401092161120160179219254
as1270246401093974
the1364246401092161100
backbone1480246401094080114149188228267307
of1803246401094064
Brunei’s1883246401094570109149188208227262
economy567260401094075114154193253287
and874260401094584124
a10172604010946
major10872604010960100119159184
contributor1290260401094080119144168188227267292331356
to1665260401093070
the1754260401093170110
nation’s1883260401094585110129169208228262
oil56727440109405979
&6622744010955
gas734274401094079114
revenue86727440109226196136175215254
and1137274401094080119
export1273274401094074114153178202
earnings,1492274401094079104143163202242276296
supporting1804274401093575114154193218242262301341
the567288401092565104
growth690288401094065104164188228
and937288401094079119
development1075288401094079114153173213252312351391415
of1509288401094065
the1593288401092564104
country.1716288401093575114154178203237257
BSP’s567316401094590129149183
core770316401095090114154
activities943316401095690115134169188213232272306
include1269316401093575109129168208248
exploring1536316401095590129149188213233272312
for,1867316401094180105124
and2011316401095595134
producing,567330401094065104144183218237277316336
oil92233040109406080
and1021330401094080119
gas1160330401094080114
from129433040109255089149
onshore1462330401094080114154193218258
and1739330401094080119
offshore187833040109406589124163203227267
fields5673444010920407999139173
for76034440109216186
domestic862344401094079139178213238257292
use1170344401094075114
and1300344401094080119
export1436344401094074114153178203
to1658344401092261
international173934440109175681120145184224249268308347387406
markets.5673584010960100124159198223257277
These8633584010974114153188227
operations11103584010974113153178217242261301340375
are1504358401097499138
supported16623584010969108148187227251276316355
by20373584010974108
skilled56737240109357089109128168207
professionals791372401094065104129169203238257297336376395430
working12383724010960100124159178218257
in1515372401091857
functions1592372401092262101136161180220259294
ranging1905372401092362102142161201240
from56738640109255089149
technically-minded7353864010979118153193232252286326345365399424483503542582621661
Petrophysicists14163864010993133157182221261300335370389424443478502537
and19723864010994134173
Petroleum228783001094079104129168188227267326
Engineers263383001095191130150189229268293327
through298083001093676100140179219258
to325883001093675
more3353830010971111135175
corporate354783001094786111150190214254278318
staff22879700109356099124148
in245597001093776
Legal,255197001095291131170190209
Contracting2780970010962101141165190229264288308347387
and318697001095797136
Procurement334297001095781121155195219259318358398422
to378497001094281
Aviation2287111001095085104144168188227267
and2573111001094079119
Marine27111110010970109134154193233
specialists.2963111001093574114148168207227246281305340360
In2287141501873080
Pursuit23921415018750103140186236263293
of2710141501875080
Future2815141501874697127177214264
Growth3104141501876096146219249299
With2287165501097594119159
the24651655010967106146
support26301655010977116156195235259284
of29331655010982106
its3059165501096186121
shareholders,31991655010977116156180220259299318358397422456476
BSP36941655010987131171
is2287179501092055
pursuing23611795010971111135170209229268308
a26881795010972
growth2779179501097196135195220259
agenda30581795010971110150189229268
to3346179501095696
enable34611795010971111150190209249
the3730179501095695135
company2287193501093575134174213253287
to2594193501092362
continue2673193501093575114139159198238277
powering2967193501094080140179204223263302
Brunei’s3287193501094569109148188207227261
future356819350109236287126151190
for377819350109236287
generations2287207501094079119158183223247267306346380
to2687207501092464
come.2770207501093574134174193
Part2287235501094079102126
of2433235501093963
this251523550109266483117
future265023550109266589127151190
growth2859235501094064102161185223
journey310123550109216098122160199233
is3352235501092155
drawing3427235501094063102160179218256
out3703235501094079102
a38252355010940
plan228724950109405997136
to2441249501092160
unlock251624950109407897135169203
hydrocarbons,2733249501094074113136175209247271309348387420439
a31872495010940
collective324124950109357492111150183207226259298
term355824950109215983142
used3714249501094074112151
for228726350109256487
oil239326350109436281
and2492263501094482121
gas.2632263501094382115134
A27882635010950
dedicated2857263501094382120139173211235274312
integrated318826350109236286124163187225249287326
team3533263501092867105164
from371626350109285291149
various228727750109357497116155193227
functions2532277501093877115149173191230268302
is2853277501093266
tasked2938277501093776109143182220
to3177277501093776
develop3272277501095291124163182220259
and3550277501095291129
drive369827750109527695128167
the2287291501092564102
BSP2408291501095195133
Hydrocarbon2566291501095084123146185219257281319358397
Maturation29882915010970108132171194233257275314352
Roadmap.3359291501095190129167226264303322
Their3699291501094785124142166
dedication2287305501094079117136169208232250289328
over2632305501094073112136
the2786305501092463101
past2905305501094078112135
few3059305501092462121
years3197305501093574113136170
recently338630550109236295134173196215249
gained365230550109407997136174213
international228731950109205982121145183222245264303341380399
recognition,27043195010966104138177215254273296315353392411
as31333195010981115
the32663195010966105143
Hydrocarbon34283195010991124163187225259297321360398437
Maturation22873335010970109132171195233257275314353
Roadmap2656333501094584122161220258297
team2972333501092261100158
was3147333501096098132
selected329633350109357392130164188226265
as3577333501094074
one3668333501093978117
of3801333501094064
the2287347501092564102
winners2403347501096078117156194218252
for267334750109205982
the277434750109205897
Shell2885347501094583122140159
Upstream3058347501095088122146169208246305
Impact3382347501091573112151184208
Awards,36033475010950109148171210244262
from228736150109254987146
a24493615010940
pool2506361501094079117136
of2658361501094064
nearly2738361501094079118141160194
3002948361501094079117
nominations3082361501094078137156194233257275314352386
spanning3485361501093573112150189208246285
213786361501094079
countries.2287375501093574112151175198217255289308
The2610375501094079117
award2743375501094099137161200
recognises296137550109226194133172210229263301335
the3314375501092261100
team’s343237550109226199158177210
efforts365837550109406487126150173207
in2287389501092059
securing2359389501093574108146170189227266
a26393895010940
sustainable2693389501093573107130169188226265304322361
future307238950109215983122145184
for327438950109215983
BSP3371389501094589127
and3512389501094079117
Brunei.3643389501094569107146185203222
Such400683001094585119159
future418483001094685110149174213
growth441783001096085124184209248
also468583001096080114154
means4858830010981120160199234
that511283001094585124149
BSP5280830010966110150
can544983001095695135
diversify40069700109405994134158193212237271
its42979700109356094
customer441197001095090124149188248287312
portfolio474297001095695120144169208228248287
and504997001095594134
will520297001097695115134
secure535697001095090124164188228
future400611100109256589129153193
buyers42181110010965105139179203238
of4475111001096590
its4585111001094569104
products.4708111001096590129169208243267302321
Last50491110010960100134159
year,52271110010960100139164183
BSP54301110010970114154
signed400612500109355594134173213
new42381250010981120180
key44371250010976116150
commercial46071250010975115174234274298333352392411
agreements50381250010980120144184223283323362387421
to54791250010965105
supply4006139001093575114154173208
natural4233139001095898122162186226245
gas4498139001095897132
to4649139001094383
Brunei4751139001096388127167206226
Fertilizer4996139001095393117142161181200230269294
Industry5310139001093777116156190215240274
(BFI)400615310109206599119138
Ammonia/Urea41641531010962121181220260279319348398422462501
Plant4685153101095271111150175
and4879153101095292131
to5030153101093676
provide5126153101095176115150169209248
crude5394153101094771111150190
oil400616710109405979
to41051671010964103
Hengyi42281671010989128168207242261
refinery,45091671010964104123143183222247281301
marking48291671010999139163198217257297
partnerships51451671010979119143168207247271306345365404439
with4006181101096080104144
new4169181101094988148
key4336181101094484118
players4474181101094968108142182206241
in4734181101092968
the4822181101093473113
domestic4954181101094989148188222247266301
industrial5274181101092969108148182207231251290310
space.4006195101093575114149188208
These42331951010974114153188227
partnerships44801951010974113138163202242266301340360399434
further4933195101095999124148188227252
strengthen5204195101096994118158197237262301341380
BSP’s4006209101094590129149183
commercial4209209101094080139199238263297317356376
portfolio4604209101094685110134159199218238277
and4901209101094585124
its504520910109255084
reputation5149209101093069109149173213237257296336
as5504209101094680
a40062231010940
reliable406522310109286888107147186206245
hydrocarbon4330223101094377117141181215255279319358398
supplier4747223101093878117157176196235260
within5030223101096079104143163202
the5252223101092867107
region5378223101092868107127166206
and4006237101094079119
beyond.4144237101094080114154193233252
Technological4006267501874797143194244294320370420447494544570
Firsts4601267501874773110157187233
BSP’s4006291501094591133154191
continued4218291501093273114141162204245287328
success4567291501093273110146188224260
has4845291501094082118
been4981291501094081123164
ensured5163291501094081118159186227269
as5450291501093976
a55442915010940
result4006305501092566103144166192
of4220305501093865
several4306305501093475111153179221242
“Made45693055010934106147188230
In4820305501091960
Brunei”4900305501094572113154196217254
innovations,5175305501091960101143179221247268310351388409
ideas4006319501092061103144181
developed4208319501095899136177198240281323364
and45933195010958100141
implemented,47553195010938100141162204265307348374416457479
many52553195010978119161197
for5474319501094284110
the4006333501092566108
first413533350109224269105132
time4288333501092748110151
anywhere4461333501094283119181222264290332
in4814333501092263
the4899333501092768110
world,50323335010960101128149191212
in5265333501092264
dozens5350333501094284115156198234
of4006347501094066
fields409434750109325293114156192
within4308347501097293119161182224
Brunei.4553347501095783125166207229250
BSP’s48253475010957103144166202
engineers5049347501095193134156197238280306343
have5413347501095293130171
consistently4006361501093576118154176212239280321348369406
invented4433361501093374111152194220261303
new4757361501095394156
drilling4934361501095379101122144165207248
techniques5203361501093880116157199220262303344381
to4006375501092566
access4094375501095087123164201237
some4353375501094586148189
of4564375501095076
Brunei’s4662375501095581123164206227249285
most49683755010971112149175
complicated5164375501094687149190211233269311337378420
underground4006389501094081123164191232258300341383424
reservoirs,4451389501092566102144170207248270296333354
and4826389501093981122
continued4970389501093475117143164206247289330
success5321389501093576112149190227263
in4006403501092061
this4089403501093981102138
area4249403501095481122163
is4434403501093471
testament4526403501093981117144185246288329356
to4903403501093981
BSP’s50054035010960106147169205
persistent5232403501095495122158180216243284325352
innovation.4006417501092061103144181222248270311353374
When40064455010975116158199
the4227445501092263105
Champion4350445501094587128190231252294335
West47044455010975116153179
field490244550109204081102144
was50644455010961102138
discovered522144550109406198134176212254280321363
in4006459501092061
1975,4089459501094688129170192
there4302459501093273115141182
were45124595010960102128170
hundreds4703459501094688129171197239280316
of5041459501094673
small51354595010942103145166187
oil534445950109466889
and5454459501094788130
gas4006473501094081118
accumulations41454735010969105141183244286307349375396438479516
in4682473501094890
thin4793473501095495116158
reservoirs4972473501095495131173199236277299325362
which53554735010988130151188229
made40064875010960101143184
it4212487501092349
difficult428248750109436591113133169211232258
and4562487501094384126
uneconomic4709487501094384126162204245286348369406
to5136487501092870
develop5227487501094384121162184225266
at5515487501094369
the4006501501092566108
time,4135501501092748110151172
leaving4329501501092163104141162203245
it4595501501092248
to4664501501092768
lie475450150109214384
dormant4859501501094283110171212254280
for516150150109266894
255276501501094283
years.5381501501093678119145182203
Today,4006529501094081123164201222
Champion4249529501094789130192233254296337
West46105295010975116152179
is4810529501092259
an4890529501094283
example4995529501094178119181222244285
of5301529501094269
BSP’s5391529501094794135156193
leadership4006543501092061103144186212248290311353
in4380543501094688
two44895435010952113155
key46655435010961103139
technologies:4826543501095192129170212253274316357379420457478
“snake5325543501096298140181217259
wells”40065575010960101123144181217
and42455575010963104146
“smart4412557501095995157198225251
fields”,4684557501094464105127168205241262
which49685575010983125146183224
have52135575010964105142183
now54185575010963104166
become4006571501094081118159221262
an42905715010970111
industry4423571501095091133174210237263300
benchmark.47445715010970112153190231292334360397418
The51845715010970111153
snake53585715010965107148185226
well40065855010960101123144
design4172585501094284120142183225
created4418585501093864106147173215256
in4696585501092264
20014781585501094384126167
by4970585501094279
BSP5070585501094894136
provided5227585501094370111147169210252293
a55415855010943
solution400659960109357698139166187229270
to4297599601093375
improve4393599601092889131157199235277
reservoir4691599601093374111152179215256278304
access:5017599601094884121162198235256
the5295599601093374115
well54405996010960101123144
was40066136010960101138
designed4160613601094082118139181222264305
to4486613601092062
weave45646136010960101143179221
to4806613601092061
several4884613601093576113154180222243
pockets5144613601093981117154195222258
of5418613601094067
oil550161360109406183
and4006627601094081123
gas4150627601094890126
that4298627601093374115142
would44696276010960102143165206
otherwise4696627601094975116158184246267304345
be5062627601094890
uneconomic5173627601094890131168209250292353375411
to4006641601092566
access40946416010983120156198234271
individually,43866416010964105146168204226267309350371393429451
reducing48586416010969110152193229251292334
cost52136416010979120157183
and54176416010984125167
ensuring4006655601094081118159186207248290
no43176556010968110
hydrocarbon44486556010968104146172214250292318359401442
accumulations49126556010968104141182243285306348374395437478515
are5448655601096895136
overlooked.4006669601094076118144166207248285326368389
Minister596650101117090130150185210250275
at891650101114065
the976650101112565105
Prime110165010111406585145185
Minister’s1306650101117090130150185210250275295330
Office165665010111507595115150190
and1866650101114080120
Minister2005650101117190130150185210250275
of2300650101114065
Finance238565010111355595135175210250
and2655650101114080120
Economy2795650101114075115155195255290
II3105650101112040
Yang3165650101114585125165
Berhormat3350650101114585110150190215275315340
Dato3710650101115090115155
Seri671660901114585110130
Setia821660901114585110130170
Dr1011660901115075
Awang11066609011150110150190230
Haji1356660901115090110130
Mohd15066609011170110150190
Amin17166609011150110130170
Liew190666090111355595155
bin208166090111406099
Abdullah2200660901115090130170190210250290
witnessed2510660901116080105145185220255295335
the2865660901112565105
signing299066090111355595135155195235
ceremony3245660901113575100140200240280315
between3580660901114080105165205245284
Brunei1146671701114570110150190210
Shell1376671701114585125145165
Petroleum1561671701114080105130170190230270330
Co1911671701114585
Sdn2015671701114585125
Bhd,2160671701114585125145
Permai2325671701114080105165205225
Holdings2570671701115090110150170210250285
and2875671701114080120
Brunei3015671701114570110150190210
Fertilizer3245671701113575100125145165185215255280
Industries354567170111206099139174199224244284319