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Schlumberger NV (French: [ʃlumbɛʁʒe, ʃlœ̃b-]), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [3] [4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
On 8 October 2004, Brunei Shell Petroleum made a new discovery in Seria North Flank which was an undrilled part of the oil field. The well was drilled 3 km offshore in 8 m of water by the Schlumberger self-propelled multi-purpose vessel. [14]
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Location of Brunei in south-east Asia. Brunei Darussalam is a country and sovereign state located on the north coast of the island of Borneo in Southeast Asia.Apart from its coastline with the South China Sea, the country is surrounded by the state of Sarawak, Malaysia.
Champion field was discovered in 1970 by Champion-1 which is drilled in its most northern part. first oil platform was completed in 1972, to produce from shallow, oil-bearing intervals. 1974, a blow-out at Champion-41 caused a delay in the appraisal/development operations and to compensate for this delay, eight isolated appraisal wells were drilled in 1975 - 1976.
QAF Brunei or QAF Brunei Group, [a] [6] is a private limited company under the Baiduri Group, [3] owned by Prince Mohamed Bolkiah, [4] serves as the investment company of the Bruneian royal family. Formerly known as QAF Holdings , the company has built a diverse portfolio spanning multiple sectors in Brunei. [ 7 ]
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In order to ensure that the country's commitment to export gas can be satisfied, Brunei Natural Gas Policy, a similar policy for the gas industry, was created in 2000. [4] Since 2006, Brunei's crude oil output has been trending downward. As the country's oil wells and platforms are getting older, which has caused production issues. [5]