Overview of our Business

Overview of our business - img1

Brunei Shell Petroleum Company Sdn Bhd’s activity is primarily for the exploration and production of crude oil and natural gas from onshore and offshore fields. It also owns the Brunei Refinery. The Government of His Majesty The Sultan And Yang Di-Pertuan Negara Brunei Darussalam and The Asiatic Petroleum Company limited are equal shareholders.

BSP is by far the largest oil and gas producer in Brunei Darussalam. BSP supplies 350,000 barrels of oil and gas equivalent every day to countries such as Japan, Korea, Indonesia, Australia and numerous others around the world. It operates an extensive and complex infrastructure on land and offshore. BSP has over 200 offshore structures linked by over 5,000km of pipelines, recovering oil and gas from over 4,500 individual reservoirs produced through more than 800 wells.

Supporting these massive operations are its highly talented and skilled workforce of around 3,500 staff, both local and international, and a further 8,000 contractors’ staff, most of whom are employed by Brunei’s very own local companies.

Throughout the decades, both the business climate, and the oil and gas industry have changed considerably. BSP has continued to be a global business leader, and world class oil and gas company, by developing and utilising some of the world’s most advanced technologies.

As a result of this agility, BSP remains as the backbone of Brunei’s economy until today. It contributes around 90 percent to Brunei’s oil and gas revenues, which in turn accounts for over half of the country’s GDP and 90 percent of total export earnings.

Quick Facts

  • Exploration and Production of the oil and gas resources of Brunei Darussalam
  • Over 4 500 reservoirs
  • Over 244 offshore structures
  • Over 1000 producing wells
  • Over 1 600 pipelines stretching over 5 000km
  • Seria export Oil Terminal
  • 10 000 bbl/day Oil Refinery
  • Supply of gas to Brunei Darussalam for electricity generation and domestic fuel
  • 202 thousand barrels of oil/day (2003)
  • 32 million cubic metres gas/day (2003)
  • 27 mln m3/d gas to Brunei LNG for liquefaction of natural gas and domestic gas and industrial gas Includes 11 Kbb/d refinery