AGP Executive Report

Energy & Offshore Operations: SLB has won a contract from Brunei Shell Petroleum (BSP) to reactivate shut-in wells across multiple offshore fields, using an integrated production restoration model covering subsurface evaluation, well selection, engineering, offshore execution, and marine logistics. Construction & Decarbonisation: Neocrete, backed by Wavemaker Ventures and Temasek Trust’s C3H, says its concrete additives have already delivered scale results in Brunei’s Muara Port redevelopment—cutting embodied carbon and costs—while it raises US$3.5m to expand further across Southeast Asia, Europe and the US. Agriculture & Agri-Food: Brunei’s Agriculture and Agri-Food Department open day highlights services and initiatives, with 20 local vendors showcasing products and technologies aimed at strengthening the agri-food value chain. Trade & Investment Diplomacy: PM Anwar Ibrahim will visit Brunei on Aug 21–22 for ALC-27 with Malaysia, where disaster management cooperation is set to be signed. Local Business & Culture: Relentless Entertainment and the Academy of Performing Arts will stage Legally Blonde: The Musical at the JIS Arts Centre from Sept 11–13, with tickets available via The Coffee Bean & Tea Leaf branches.

Energy & Offshore Production: SLB won a contract from Brunei Shell Petroleum to reactivate shut-in wells across multiple offshore fields, covering subsurface evaluation, well selection, engineering, offshore execution, and marine logistics—an integrated production restoration model aimed at boosting recovery from mature assets. Sustainable Construction: Neocrete (NZ) raised US$3.5m to scale its concrete decarbonisation additives; its Brunei deployments include Muara Port redevelopment work that cuts embodied carbon and cost at commercial scale. Agriculture & Agri-Food: Brunei’s Agriculture and Agri-Food Department held an open day to showcase services and help strengthen the agri-food value chain, with 20 local vendors featuring productivity-boosting products and technologies. Bilateral Industry & Disaster Management: PM Anwar Ibrahim will visit Brunei on Aug 21–22 for ALC-27 with Sultan Hassanal Bolkiah, where Malaysia and Brunei will review cooperation and sign an MoU on disaster management. Regional Trade & Logistics: Maersk increased peak season container surcharges affecting imports into Maldives and Sri Lanka, with Brunei listed among covered origins. Tourism & Connectivity: AirBorneo plans to expand its Asian network, including routes that support Sarawak’s push as a Borneo tourism gateway.

Oil & Gas Services: SLB won a contract from Brunei Shell Petroleum to reactivate shut-in wells across multiple offshore fields, covering subsurface evaluation, well selection, engineering, offshore execution, plus project management and marine logistics—an integrated production restoration model aimed at boosting recovery from mature assets. Agri-Food Spotlight: Brunei’s Agriculture and Agri-Food Department held an open day to boost public awareness and strengthen the agriculture value chain, with 20 Bruneian vendors showcasing products, technologies and services to improve productivity. Green Concrete for Ports: Neocrete secured a $3.5m funding round to expand low-carbon concrete additives, with its tech already used by Readymix Brunei to turn low-quality fly ash into cement substitute; the biggest deployment is set for Muara Port redevelopment. Regional Business Linkages: MinDA and partners discussed how to unlock private sector potential in BARMM and BIMP-Eaga, urging firms to turn enabling policies into real trade and investment flows. Cross-Border Digital Trade: A report warns Southeast Asia’s digital economy is growing fast but still fragmented by differing regulations, data rules and infrastructure—forcing businesses to redesign systems for local compliance. Tourism & Investment Push: Perlis plans collaboration with Brunei and Bangkok to boost border tourism and attract investors for five-star hotels and sports tourism.

Oil & Gas Recovery: SLB has won a contract from Brunei Shell Petroleum to reactivate shut-in wells across multiple offshore fields, covering subsurface evaluation, well selection, engineering, offshore execution, and marine logistics—an integrated production restoration push aimed at boosting recovery from mature assets. Agri-Food Spotlight: Brunei’s Agriculture and Agri-Food Department held an open day near the capital to boost public awareness and help agricultural entrepreneurs, with 20 Bruneian private vendors showcasing products and technologies to strengthen the agri-food value chain. Port & Concrete Decarbonisation: Neocrete secured a $3.5m funding round to expand low-carbon concrete additives, with its tech already used by Readymix Brunei to turn low-quality fly ash into cement substitute and support major projects including redevelopment of Muara Port. Regional Trade & Logistics: Maersk raised peak season surcharges for container imports into Maldives and Sri Lanka from many origins including Brunei, effective 31 August for most routes. Cross-Border Investment: MinDA and BIMP-Eaga partners discussed unlocking private sector potential in BARMM and BIMP-Eaga, highlighting how business-to-business networks can turn policy into investment flows.

Energy & Offshore Production: SLB won a contract from Brunei Shell Petroleum to support production restoration from shut-in wells across multiple mature offshore fields, covering subsurface work, well selection, engineering, offshore execution, and marine logistics—positioned as BSP’s first integrated restoration solution. Power Infrastructure: Brunei’s DES signed with Sinohydro for Phase 2 of the Bukit Panggal combined-cycle gas turbines power station, adding 215MW to strengthen electricity supply under Vision 2035. Sustainable Materials for Industry: Neocrete secured a $3.5m funding round led by Wavemaker Ventures and backed by Temasek Trust’s C3H to expand concrete decarbonisation; its tech is already used by Readymix Brunei, including a Muara Port redevelopment expected to use 65,000m³. Regional Trade & Logistics Costs: Maersk raised peak season surcharges for container imports to Maldives and Sri Lanka, with Brunei listed among affected origins. Food & Agribusiness Spotlight: Brunei-linked business momentum also appears in regional halal and food processing pushes, while Brunei’s own industry scene continues to surface through local supplier success stories and expo activity. Governance & Compliance: Brunei’s public sector data collection continues with RVD requisition forms for rates and government rent payers ahead of revaluation effective April 1, 2027.

Energy & Oil-Gas: SLB has been contracted by Brunei Shell Petroleum to support production restoration from shut-in wells across mature offshore fields, covering subsurface evaluation, well selection, engineering and offshore execution, with integrated intervention, monitoring, metering and marine logistics. Power Infrastructure: Brunei’s DES signed a contract with Sinohydro for Phase 2 of the Bukit Panggal Combined Cycle Gas Turbines Power Station, adding 215MW to strengthen electricity supply under the national development plan. Shipping Costs: Maersk raised peak season surcharges for container imports to Maldives and Sri Lanka, with Brunei listed among affected origins, adding USD 400 per container for non-spot bookings from late August/early September. TVET & Skills: Brunei’s IBTE hosted an international webinar on using AI literacy to build future-ready TVET skills. Regional Trade & Industry: A week of wider industry signals included BIMP-Eaga push for halal, food processing and renewable energy linkages, plus Mindanao business growth themes tied to regional market access.

Energy & Infrastructure: Brunei’s Department of Electrical Services signed a contract with Sinohydro for Phase 2 of the Bukit Panggal Combined Cycle Gas Turbines Power Station, adding 215MW to strengthen national electricity supply and push efficiency higher. Construction & Industry Tech: Brunei is also adopting modern construction technologies for national housing projects, aiming to improve delivery and build quality. Regional Trade & Finance: AllianzGI is set to acquire UOB Asset Management in a S$555m deal, with UOBAM’s franchise continuing across eight Asian markets including Brunei—an update for wealth management and investment services. TVET & Skills: Brunei’s IBTE hosted an international webinar on using AI literacy to future-proof technical and vocational education and training. Food & Safety: Hong Kong’s Centre for Food Safety flagged excessive aflatoxin in a bottled pistachio paste product, prompting a recall—relevant for food importers and processors watching compliance. ASEAN Business Outlook: A report on China’s push for food self-sufficiency signals shifting demand that could ripple through ASEAN food trade.

Energy & Power (Brunei): Brunei’s Department of Electrical Services signed a contract with Sinohydro for Phase 2 of the Bukit Panggal Combined Cycle Gas Turbines Power Station, adding 215MW to national capacity and targeting higher generation efficiency under Vision 2035. Oil & Gas (Regional, Brunei-linked): Upstream’s deals roundup highlights major awards tied to ADNOC Gas, plus two Kelidang offshore Brunei subcontracts—MISC selected Jutal Offshore Oil Services for FPU topsides modules and MMHE to convert an oil tanker into the hull. TVET & Skills (Brunei): Brunei’s IBTE hosted an international webinar on using AI literacy to build future-ready technical and vocational education and training. Maritime (Brunei): Brunei Maritime Week 2026 featured a Women in Maritime Spotlight panel pushing back on headcount-only measures of progress. Construction & Housing (Brunei): Brunei adopts modern construction technologies for national housing projects. Food & Trade (Southeast Asia): Korean food franchises are accelerating into markets including Singapore, Laos and Brunei, while the HKTDC Food Expo and related fairs opened in Hong Kong.

Energy & Engineering: Brunei’s power sector gets a boost as the Department of Electrical Services signs a contract with Sinohydro for Phase 2 of the Bukit Panggal Combined Cycle Gas Turbines Power Station, adding 215MW to strengthen supply and efficiency. Oil & Gas Supply Chain: Offshore Brunei work also moves ahead, with Malaysia’s MISC and MMHE selected for key engineering, procurement and construction roles for the Kelidang project’s FPU topsides and hull conversion. Construction Modernisation: Brunei’s housing projects are increasingly adopting Industrialized Building System (IBS) methods, aiming to improve quality, cut build times and reduce waste and emissions. Skills & Industry Readiness: Brunei’s Institute of Technical Education runs an international AI-focused TVET webinar, pushing AI literacy and future-ready training for the workforce. Regional Trade & Tourism: Brunei targets 1 million tourists for Visit Brunei Year 2027, while WTM London reports strong early exhibitor demand and lists Brunei among new exhibitors. Food & Consumer Safety (Regional): A food safety alert in the region flags excessive aflatoxin in bottled pistachio paste, urging consumers not to consume the affected batch.

Energy & Infrastructure: Brunei signs contract with Sinohydro for Phase 2 of the Bukit Panggal combined-cycle gas turbines power station, adding 215MW to strengthen electricity supply and push efficiency higher. Construction & Housing: Brunei’s housing projects are increasingly adopting Industrialized Building System (IBS) and modern construction technologies to improve quality, cut build time and reduce material waste and emissions. Skills & Industry Readiness: Brunei’s Institute of Technical Education (IBTE) hosts an international AI webinar on making TVET future-ready through AI literacy and digital-era skills. Regional Trade & Food Business: The 36th Food Expo opens in Hong Kong today, alongside a push by Korean food franchises into Southeast Asia including Brunei. Cross-border Environment: Sarawak signals it may raise transboundary haze concerns at Asean level, citing fires near Brunei and cloud-seeding efforts. Maritime & Industry Inclusion: Brunei Maritime Week 2026 spotlights women’s roles in shipping and port operations, challenging headcount-only views of progress. Food Safety: Hong Kong’s Centre for Food Safety flags excessive aflatoxin in a pistachio paste product and urges consumers not to eat the affected batch.

Energy & Infrastructure: Brunei’s Department of Electrical Services signed a contract with Sinohydro for Phase 2 of the Bukit Panggal Combined Cycle Gas Turbines Power Station, adding 215MW to strengthen electricity supply and lift generation efficiency as the country pushes Vision 2035. Construction & Housing: Brunei is rolling out Industrialized Building System (IBS) and modern construction technologies for national housing projects to improve quality, cut build time, reduce material waste and support lower carbon emissions. Oil & Gas Engineering: Petronas Carigali and MISC advanced work for Brunei’s Kelidang deepwater gas cluster by awarding key subcontracts for the floating production unit’s topsides and hull, with integration planned at MMHE’s yard in Malaysia. TVET & Skills: Brunei’s Institute of Technical Education hosted an international AI-focused TVET webinar on AI literacy and future-ready skills, bringing together local and overseas industry and training players. Food & Consumer Safety (Regional): A Singapore-based agricultural biotech firm is exploring a long-term partnership with El Salvador to boost climate-resilient food systems, while Hong Kong’s food safety authority flagged excessive aflatoxin in a bottled pistachio paste batch and urged consumers not to eat it. Trade & Regional Growth (BIMP-Eaga): Mindanao’s MinBizCon highlighted halal goods, food processing, fisheries and renewable energy as growth areas for BIMP-Eaga linkages, aiming to scale business access across Southeast Asia.

Energy Infrastructure: Brunei’s Department of Electrical Services signed a contract with Sinohydro for Phase 2 of the Bukit Panggal combined-cycle gas turbine power station, adding 215MW to strengthen national supply and lift generation efficiency. Construction & Housing Tech: Brunei is rolling out Industrialized Building System (IBS) and modern construction technologies for national housing projects to improve quality, shorten build times, cut waste, and support lower carbon emissions. TVET & Skills: Brunei’s Institute of Technical Education hosted an international AI webinar on using AI literacy to build future-ready TVET skills. Maritime Industry: A Brunei Maritime Week 2026 panel highlighted why maritime progress shouldn’t be judged by headcount alone, pushing for better inclusion across yards, ports, and maritime services. Regional Trade & Finance: UOB Asset Management’s acquisition by AllianzGI (covering Brunei among other markets) signals continued growth in regional wealth advisory and distribution. Food Safety: Hong Kong’s Centre for Food Safety flagged excessive aflatoxin in a bottled pistachio paste and ordered a recall, a reminder for food processors and importers to tighten controls. Cross-Border Environment: Sarawak warned it may raise transboundary haze concerns at Asean level and urged vigilance near Brunei, as haze conditions affect daily life and operations.

Brunei Energy & Power: Brunei’s Department of Electrical Services signed a contract with Sinohydro for Phase 2 of the Bukit Panggal combined-cycle gas turbines power station, adding 215MW to strengthen electricity supply and support Vision 2035. Brunei Industry & Skills: Brunei’s Institute of Technical Education hosted an international AI webinar on upgrading TVET through AI literacy and future-ready skills. Construction & Housing: Brunei is rolling out Industrialized Building System (IBS) and modern construction technologies for national housing projects to improve quality, cut build time and reduce material waste. Agribusiness & Food Innovation: El Salvador and Singapore-based GRAIN International are exploring a long-term agricultural biotechnology partnership aimed at climate-resilient food systems and crop improvement. Regional Trade & Growth: BIMP-Eaga leaders highlighted halal goods, processed food, fisheries and renewable energy as key drivers for deeper industry linkages and faster growth across the sub-region. Maritime Inclusion: Brunei Darussalam Maritime Week 2026 spotlighted women’s roles in maritime, arguing headcounts alone don’t measure real progress. Solar for Aquaculture: Founder Group’s subsidiary secured a rooftop solar EPCC contract for a Kedah shrimp farming and processing facility, reflecting growing demand for distributed clean energy in agriculture.

Energy Infrastructure: Brunei signs a contract with Sinohydro for Phase 2 of the Bukit Panggal Combined Cycle Gas Turbines Power Station, adding 215MW to strengthen electricity supply and support Vision 2035. Construction & Housing Tech: Brunei’s national housing projects are increasingly adopting Industrialized Building System (IBS) and modern construction methods to improve quality, cut build time, reduce waste, and lower carbon emissions. Skills & Industry Capacity: Brunei’s Institute of Technical Education (IBTE) hosts an international AI webinar on making TVET “future-ready,” focusing on AI literacy and digital-era skills. Regional Trade & Food Industries: BIMP-Eaga is pushing halal goods, processed food, fisheries and renewable energy as growth drivers, with deeper industry linkages projected to lift sub-region growth by up to 15% in five years. Maritime Inclusion: Brunei Darussalam Maritime Week 2026 spotlights women’s roles in the maritime industry, arguing that headcounts alone don’t measure real progress. Agribusiness & Exports: A Brunei-linked story highlights how local snack producer Mariyaton Kaftiah turns torch ginger into serunding and expands to overseas markets. Cross-border Energy Markets: India is set to partner Russia at Russian Energy Week as Moscow seeks wider energy investment beyond crude sales.

Energy & Infrastructure: Brunei’s Department of Electrical Services signed a contract with Sinohydro for Phase 2 of the Bukit Panggal Combined Cycle Gas Turbines Power Station, adding 215MW to strengthen electricity supply and push generation efficiency higher. Construction Tech: Brunei’s housing projects are increasingly adopting modern construction technologies and the Industrialized Building System (IBS) to improve quality, cut build times, reduce material waste, and lower carbon emissions. Skills & Industry Readiness: Brunei’s Institute of Technical Education hosted an international AI-focused TVET webinar on AI literacy and future-ready skills, bringing together local and overseas TVET and industry players. Agribusiness & Exports: A Brunei-linked theme emerges from regional coverage: a Malaysian torch ginger serunding maker turned small-scale farming into overseas sales, showing how food processing can lift rural incomes. Regional Trade Linkages: BIMP-Eaga discussions in Mindanao highlighted halal goods, processed food, fisheries and renewable energy as growth engines, with deeper industry linkages aimed at boosting expansion. AI in Education: The same Brunei webinar theme ties skills development to digital transformation, positioning TVET for faster industry uptake.

Energy Deal: Brunei’s Department of Electrical Services signed a contract with Sinohydro for Phase 2 of the Bukit Panggal combined-cycle gas turbine power station, adding 215MW to strengthen supply and push efficiency higher. Construction & Housing Tech: Brunei is rolling out Industrialized Building System (IBS) and modern construction technologies for national housing projects to improve quality, cut build time and waste, and support lower carbon emissions. Skills & Industry Readiness: Brunei’s Institute of Technical Education hosted an international TVET webinar on using AI literacy to build future-ready skills. Tourism Push: Brunei targets about 1 million tourists and B$630m in tourism revenue for Visit Brunei Year 2027, with a focus on higher-value visitors who spend more locally. Regional Trade Linkages: BIMP-Eaga leaders at MinBizCon in Mindanao pointed to halal goods, processed food, fisheries and renewable energy as growth areas, with deeper industry linkages projected to lift growth. Local Food Entrepreneurship: FELCRA-backed Mariyaton Kaftiah turned torch ginger into serunding and other snacks, reaching overseas markets after starting with RM500.