Brunei’s GDP grows, boosted by oil and gas
Brunei Darussalam’s gross domestic product (GDP), at constant prices, grew at 6.0 per cent in the second quarter (Q2) of 2024, driven by a 7.7-per-cent increase in the oil and gas (O&G) sector and a 4.5-per-cent increase in the non-O&G sector, the Department of Economic Planning and Statistics (JPES) said in a statement.
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Minister highlights effort in advancing energy transition
Minister at the Prime Minister’s Office (PMO) and Minister of Defence II Pehin Datu Lailaraja Major General (Rtd) Dato Paduka Seri Haji Awang Halbi bin Haji Mohd Yussof highlighted the Sultanate’s effort in advancing energy transition agenda, affirming its support to the ongoing collaboration and welcoming the continued advancement in the global hydrogen industry.
Sustainable decommissioning in the spotlight
Decommissioning and restoration are about reclaiming resources, revitalising ecosystems and driving economic growth. “Over the next few decades, we plan to remove more than 30 platforms, and over 70 pipelines between 2025 and 2029,” said Permanent Secretary (Energy) at the Prime Minister’s Office Hajah Farida binti Dato Seri Paduka Haji Talib.
Two contractors in battle for Petronas ultra-deepwater FPSO project
Two contractors are going head-to-head to win a prized contract to supply a leased floating production, storage and offloading (FPSO) vessel for Petronas Carigali’s Kelidang ultra-deepwater giant gas project offshore Brunei Darussalam.
