British Oil Delegation To Explore Brunei Market
By Achong Tanjong

Bandar Seri Begawan - Business ties between the UK and Brunei Darussalam in oil and gas and related energy sectors are expected to be strengthened with a visit by a group often UK companies from the NOF Energy to the Sultanate on Thursday.

The UK trade delegation is coming to Brunei as part of its three-country oil and gas market visit that includes Malaysia and Singapore.

The UK Trade and Investment Section at the British High Commission will be arranging a fourday Oil & Gas Market Visit in association with NOF Energy, a business development organisation based in the UK.

A press release from the British High Commission said the aim of the visit is to introduce UK suppliers to the local market and to encourage UK businesses to develop working relationships with companies in Brunei.

The group will arrive from Kuala Lumpur and will depart on Sunday for Singapore. Accompanying the group are three members of staff from UK Trade & Investment, the UK government department supporting the visit.

"We recognise the importance of Brunei as a market with real opportunities for UK companies in the oil and gas industry. We want to promote UK offshore expertise, which has been developed in the unforgiving environment of the North Sea. And we want to promote the sharing of that expertise with Brunei companies, said Mr John Saville, British Tdigh Commissioner to Brunei.

In Brunei, the UK delegation will hear briefings from Brunei LNG in Lumut and Brunei Shell Petroleum in Seria. The group will also attend a reception in BSB hosted by the Britain Brunei Business Forum (BBBF) to allow the visitors to network and enhance their understanding of the local business environment.

On Friday, the delegation will meet in Kuala Belait with local contractors to give them a chance for further business discussions and fostering of ties.

This is the second time the NOF Energy is visiting Brunei. A similar trip took place late, last year, which was the first of such UK trade missions to the country. This year's event will be longer and will provide more opportunities for engagement with local companies, added the press release.

Direct UK exports to Brunei are worth 67m, making the UK the third largest exporter to the country, supplying 19 per cent of its imports.

Members of the public, especially the business community in the oil and gas_ supply chain and energy sector who would like to know more about the visit or NOF Energy cap contact the High Commission at Komplex Yayasan in the capital, UK Trade and Investment Section Tel-2222231 ext 2254 or email: brithc@brunet.bn.-- Courtesy of Borneo Bulletin

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