BSP Milestones In 2006
By Sonia K.

Bandar Seri Begawan - Buriei Shell Petroleum Company Sdn Bhd (BSP), Brunei LNG, Brunei Shell Tankers and Brunei Shell Marketing achieved a number of significant achievements in 2006.

For instance, BSP surpassed its targets for both safe oil production and gas sales to BLNG in 2006. At 214,000 barrels a day, oil production. Attained its target for the first time in seven years and reached an all-time high in 25 years.

BSP also sold more gas than ever before, with the highest total production of oil and gas in the last 25 years at a level of 434,000 barrels of oil equivalent This was stated." by Dr Grahaeme

Henderson, the Man-aging Director of BSP, who was speaking during the BSP MD Long Service; Emblem Dinner at the Rizqun International Hotel in Gadong yesterday. It was organised to honour long serving employees of BSP, BLNG and BSM.

"We successfully crossed several major milestones last year," Dr Henderson said, adding that some of the achievements were world class.

One such achievement was the Champion West Project, which has been a challenging engineering feat for BSP, as it is one of the world's most technically advanced platforms with snake wells and remote operation.

The reservoir is one of the largest undeveloped resources in Brunei and can be expected to contribute significantly towards the country's oil and gas production.

"We also delivered ahead of schedule first oil from the Seria North field, taking just 27 months from exploration discovery - a world-class performance in any record book," the Managing Director of BSP said. "The development of our people, together with safety and performance, is one of the three topmost priorities of our business."

In terms of people development, he said, "nurturing and grooming Bruneian talent is a key thrust of our development policy "We continued to make great strides in our Bruneianisation programme last year," Dr Henderson said, adding that currently more than 90 per cent of BSP's staff members were locals.

"The company has continued to accelerate its strategic, long-term investment in local talent development, the Managing Director of BSP said "In 2006 alone, there were 97 BSP scholars and in service students, including the brightest and best from the nation pursuing overseas undergraduate and Masters programmes in various professional disciplines." Brunei LNG too hadan outstanding year, as the company celebrated its first ever safety milestone to 10 million man-hours without injury. Furthermore, BLNG attained a new, all-time high record for production with 218 cargoes delivered to its customers last year.

Brunei Shell Marketing, meanwhile, achieved an outstanding safety performance, where it reached an impressive four million man-hours without injury since 2001. As for Brunei Shell Tankers, the company's overall outstanding performance stood out exceptionally when its B-class fleet delivered a total of 167 cargoes to customers in Japan, the Managing Director of BSP said.

"The number of Bruneian seafarers last year increased to a total of 299, comprising 79 officers and 220 ratings," he added.

A total of 265 employees from the three companies were celebrated during the dinner as an appreciation for their loyalty and dedication.

Present at guest of honour was Minister of Energy Pehin Dato Awg Hj Yahya who is also the Chairman of the Board of Directors of BSP and BLNG other members of the Board of Directors also attended last night's dinner.

Meanwhile, a speech was delivered by Hj Mahmud bin Hj Idris who spoke on behalf of the emblem recipients.

Sixteen employees received their 35-year service award while 58 received their 30-year service award. A total of 191 received their 25-year service award, of which 160 were from BSP, 23 from BLNG and eight from BSM.

Among the recipients of the 30-year service award was Mr Fred Smeenk, the Managing Director of Brunei LNG. -- Courtesy of Borneo Bulletin

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