AGP Executive Report
Last update: 4 hours agoBrunei Energy & Industry: SLB has won a contract from Brunei Shell Petroleum to reactivate shut-in wells across multiple offshore fields, covering subsurface evaluation, well selection, engineering and offshore execution, with integrated project management, intervention, monitoring, metering and marine logistics aimed at restoring production and boosting recovery from mature assets. Climate Tech & Local Deployment: Neocrete raised US$3.5m to expand its concrete decarbonisation additives beyond Southeast Asia into Europe and the US, with Temasek Trust’s C3H joining the round; the firm says its technology is already being tested and used in Brunei by Readymix Brunei, including work tied to Muara Port redevelopment. Regional Trade & Connectivity: MinDA and partners held a forum on unlocking private sector potential for BARMM and BIMP-Eaga, pushing for stronger cross-border enterprise links so government plans turn into real investment flows. Agriculture & Agri-Food: Brunei’s Agriculture and Agri-Food Department held an open day to showcase services and support for agricultural entrepreneurs, highlighting products and technologies aimed at strengthening the agri-food value chain. Tourism & Investment: Perlis plans to explore collaboration with Brunei and Bangkok to boost border tourism and attract investment, including targeting five-star hotel development and sports tourism via a motorsport circuit. Shipping Costs: Maersk increased peak season surcharges for container imports to Maldives and Sri Lanka, with the fee applying to shipments from Brunei among other origins. Digital Economy Reality Check: A new regional analysis warns Southeast Asia’s digital economy is growing fast but remains fragmented by differing regulations, data rules and infrastructure—forcing businesses to redesign systems for local compliance.
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