Oil and gas built contemporary Brunei over 8 decades contributing over 50% of GDP and making up 90% of exports while funding welfare policies benefiting just 440,000 citizens richly as hydrocarbons reserves get managed prudently thus far. Though maturing onshore fields now necessitate enhanced recovery solutions adoption, production averages 125,000 barrels per day with downstream income sources diversification targeted hedging external risks. Moreover, recent offshore discoveries like D18 Sandstone field hold 200 million barrel potential while nurturing local workforce technical specializations including predictive analysis and sensors integration will further optimize value delivery upholding stewardship globally.
As trusted advisors helping regional NOCs optimize asset base monetization earlier, energy consulting major RFC offers customized recommendations to advance Brunei’s hydrocarbons sector governance through institutional capability building, production innovation models and sustainability solutions integration upholding resource stewardship.