Brunei Shell Petroleum Company

 
Company Description

Brunei Shell Petroleum Co Sdn Bhd (BSP) is a dynamic, world-class company and one of the biggest energy companies in Asia. We have a long history in Brunei of more than 75 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 Brunei.

Brunei Darussalam has been known for its vast reserves of petroleum and gas, which has fuelled the nation’s economy for the past 75 years and more.

Exploration started in 1899 with the first recorded well drilled close to Brunei town, now known as Bandar Seri Begawan. Enthusiasm was high and six companies were involved in the oil search including Royal Dutch Shell, which started operations in 1913 after discovering the Miri field in Sarawak, Malaysia.

By 1918, all other companies had pulled out except Royal Ducth Shell, which continued to search and found some accumulation of oil and gas in Labi, Belait in 1924. The find was too small to be commercialised.

In 1925, the search shifted to the Seria, Belait coastal strip in the west of the state and it was in 1929 when first commercial find was made at Seria, Belait in1929 by the British Malayan Petroleum Company, owned by Royal Dutch Shell, which was the forerunner to the present Brunei Shell Petroleum Company Sdn Bhd (BSP).

For a long time, this onshore Seria oil field was Brunei Darussalam’s only producing field despite some 48 exploration wells being drilled between 1914 and 1960. It was developed further in 1940 and production had risen to 17,000 barrels per day. Despite extensive damage to the field caused in World War II, post war production peaked to 15,000 barrels per day.

The breakthrough came in the 1960’s when technological advances made offshore exploration feasible and the South West Ampa field was discovered in 1963, thirteen kilometres off Kuala Belait.

It was the discovery of the South West Ampa gas field, which sparked plans for the Brunei LNG plant project. The Brunei LNG plant began its operation in 1972 as one of the world’s first large scale liquefied natural gas (LNG) plant on the coast of Brunei Darussalam.

Brunei Shell Petroleum Company

https://www.bsp.com.bn/