‘People and country’ are top priorities: Brunei Shell Petroleum Managing Director

BANDAR SERI BEGAWAN (Borneo Bulletin/ANN) - One of the top strategic priorities of Brunei Shell Petroleum Company Sdn Bhd (BSP) is "people and country" – creating employment, developing people and helping grow Bruneian businesses.

This stated yesterday by Dr Ceri M Powell, the Managing Director of BSP while delivering welcoming remarks at the launch and signing ceremony of the BSP Credit Facility Program by BSP, Bank Islam Brunei Darussalam (BIBD) and Baiduri Bank.

In her speech, the managing director said, "BSP’s mission is to fuel Brunei’s future, delivering the wealth of Brunei for decades past and decades to come."

"One of our top strategic priorities is people and country; this means creating jobs for the nation, to develop people inside and outside of BSP and to help grow Bruneian businesses to become internationally competitive in support of realising Brunei Vision 2035."

She shared that some of the recent projects from 2017 include the underwater services with SP HI JV Kreuz, E2E Rejuvenation with AmecFosterWheeler, the Regional Centre with Cameron and Onshore well abandonment with Wescot.

"We have seen in BSP that the participation of local business partners in our more complex activities is growing," she said.

"For example, in the marine sphere we now see that the majority of the business is executed by local companies and in BSP’s growing D&R activity we have the Flux rig delivering our onshore well abandonment programme."

"As part of our 10 flagship projects already implemented, some of our foreign business partners with our support have moved business into Brunei," she continued, noting that last year the Oil Country Tubular Goods (OCTG) Pipes Threading Plant with Nippon Steel & Sumitomo Metal Corporation opened, creating jobs and development opportunities for Bruneians.

"Furthermore, over 5,100 additional jobs have also been created through third party contractors.

"BSP works with service companies and suppliers with a workforce ranging from 19,000–20,000. BSP has also awarded 60 SMEs their first contract in the last three years further strengthening our support to local businesses."

"In cooperation with the government, the Energy and Industry Department at the Prime Minister’s Office (EIDPMO), the business partner community and after today, the financial community, the banks, we will continue to drive local participation in our business for the benefit of the country and BSP," she added.