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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 ]
On 20 July 1922, the British Malayan Petroleum Company was established under the Royal Dutch-Shell group and registered as a business in the United Kingdom. The Asiatic Petroleum Company and Shell's Anglo-Saxon Petroleum Company sold oil-prospecting concessions to the BMPC the same year, giving the BMPC broad mining and prospecting rights in Brunei.
Brunei Shell Petroleum's flagship solar plant in Panaga, 2021. In the early 2000s Shell moved into alternative energy and there is now an embryonic "Renewables" business that has made investments in solar power, wind power, hydrogen, and forestry. The forestry business went the way of nuclear, coal, metals and electricity generation, and was ...
Later in 2013, Pengiran Dato Shamhary was appointed managing director of Brunei Shell Marketing (BSM), where he was responsible for the logistics of supply and distribution as well as the sales and marketing plan for companies operating in the land, sea, and air sectors. ensuring corporate sustainability and expansion through dependability in ...
TotalEnergies EP (Brunei) B.V. holds a 37.5% stake in Block B, in partnership with Shell Deepwater Borneo (35%) and Brunei Energy Exploration (27 TotalEnergies Exits Brunei, Offloads Oil Asset To ...
The Japanese company, Mitsubishi, is a joint venture partner with Shell and the Brunei Government in Brunei LNG, Brunei Coldgas, and Brunei Shell Tankers, which together produce the LNG and supply it to Japan. Since 1995, Brunei has supplied more than 700,000 tons of LNG to the Korea Gas Corporation as well.
Although Anduki Airfield is owned by the Government of Brunei, it is operated and managed by Brunei Shell Petroleum (BSP), who currently fly Sikorsky S-92 and AgustaWestland AW139 helicopters in support of servicing offshore oil platforms. Brunei Shell Petroleum replaced the original grass airstrip with a sealed instrument runway in 2008.
Brunei has the second-highest Human Development Index (HDI) among the Southeast Asian nations, after Singapore, and is classified as a 'developed country' by the United Nations. [1] According to the International Monetary Fund (IMF), Brunei is ranked fifth in the world by gross domestic product per capita at purchasing power parity .