The BND52-million SCTSB & VAM®BRN OCTG (oil country tubular goods) threading plant and service centre, located on a 10-hectare government-leased site at Salambigar Industrial Park is a joint venture between SC Tubular Solutions (B) Sdn Bhd (SCTSB) and VAM®BRN Sdn Bhd. The plant was launched in May 2017.
VAM®BRN is a collaborative FDI project between Japanese firm Nippon Steel & Sumitomo Metal Corporation (NSSMC), Sumitomo Corporation and Vallourec Tubes SAS from France.
For more than 40 years, NSSMC and Sumitomo have been supplying seamless oil country tubular pipes for drilling activities to Brunei Shell Petroleum Company Sdn Bhd (BSP), the leading upstream oil and natural gas company in Brunei.
At the site opening in May, Haji Kamaludin bin Haji Bungsu, Deputy Managing Director and HR Director of BSP, said that the company, “is extremely proud to be part of the success in creating one of the largest FDIs in Brunei and demonstrates the strong relation- ship between His Majesty’s government, BSP, NSSMC and Sumitomo Corporation to mature this business opportunity.”
He added that it was a crucial part of supply chain activity in the oil and gas industry, and expected the project to create more job opportunities for locals as well as attract more FDIs into the country.
The threading plant and service centre employs 87 locals, who make up 78 per cent of the total work force.
Its operations are projected to contribute about BND7 million to annual local spending and provide various spin-off opportunities for local small and medium enterprises (SMEs) in logistics, construction, engineer- ing and metal fabrication.
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