Welcome Guest ( Log In | Register )

8 Pages < 1 2 3 4 5 > » Bottom

Outline · [ Standard ] · Linear+

> Brunei economy crumbling? Oil exports down 25.7%!, currency peg with Singapore traps Brunei

views
     
feynman
post May 2 2014, 01:08 PM

Look at all my stars!!
Group Icon
Elite
4,781 posts

Joined: Dec 2004
Brunei has enough oil lah................it has not even gone deep sea.
Don't know why you people talk kok.
feynman
post May 2 2014, 01:09 PM

Look at all my stars!!
Group Icon
Elite
4,781 posts

Joined: Dec 2004
QUOTE(leonhart88 @ May 2 2014, 01:08 PM)
brunei only 700k population la..why malaysian not migrate there become rich? they say brunei=Norway
*
400k
SUSrivost
post May 2 2014, 01:11 PM

New Member
*
Newbie
0 posts

Joined: Feb 2013


QUOTE(feynman @ May 2 2014, 01:08 PM)
Brunei has enough oil lah................it has not even gone deep sea.
Don't know why you people talk kok.
*
oil won't finish, problem is going deeper and deeper the cost would be higher and higher. minus payments to gov't cronies minus tributes to sultan minus this and that not really cost-effective to invest in such operation.

and brunei already go deep sea, those are where most of its fields lie. beyond that is disputed territories, china will go wacko

user posted image

This post has been edited by rivost: May 2 2014, 01:19 PM
feynman
post May 2 2014, 01:19 PM

Look at all my stars!!
Group Icon
Elite
4,781 posts

Joined: Dec 2004
QUOTE(rivost @ May 2 2014, 01:11 PM)
oil won't finish, problem is going deeper and deeper the cost would be higher and higher. minus payments to gov't cronies minus tributes to sultan minus this and that not really cost-effective to invest in such operation.
*
Then you are wrong. The time is not right yet but it will go deep because margins are high.

Heard of Gumusut kakap?
Balaclava
post May 2 2014, 01:19 PM

5-Star Swagger
*****
Senior Member
941 posts

Joined: Jul 2010
QUOTE(sniper on the roof @ May 2 2014, 12:43 PM)
More like when in desperate times, religion is often used to quell dissent and give folks a false sense of superiority.
*
#biblethumping
SUSrivost
post May 2 2014, 01:25 PM

New Member
*
Newbie
0 posts

Joined: Feb 2013


QUOTE(feynman @ May 2 2014, 01:19 PM)
Then you are wrong. The time is not right yet but it will go deep because margins are high.

Heard of Gumusut kakap?
*
80% of its fields are already in deepwater, so how deep to go again?

next time oil hit $150 the shale revolution will be at full force, since the technology is already available.
feynman
post May 2 2014, 01:29 PM

Look at all my stars!!
Group Icon
Elite
4,781 posts

Joined: Dec 2004
QUOTE(rivost @ May 2 2014, 01:25 PM)
80% of its fields are already in deepwater, so how deep to go again?

next time oil hit $150 the shale revolution will be at full force, since the technology is already available.
*
adui....Ampa and Champion are in shallow waters lah.....These 2 fields have much hydrocarbons. Bolom talk about Magpie and Gannet yet.

Seria onshore is still producing despite being the oldest field. It has produced more than 1B barrel till date.

If oil does reach $150 a barrel, Upstream companies have all the more incentive to go deep.

This post has been edited by feynman: May 2 2014, 01:31 PM
SUSleonhart88
post May 2 2014, 01:33 PM

Regular
******
Senior Member
1,686 posts

Joined: May 2012
QUOTE(feynman @ May 2 2014, 01:09 PM)
400k
*
10 yrs ago i studied geography 600k, where 200k?
SUSleonhart88
post May 2 2014, 01:34 PM

Regular
******
Senior Member
1,686 posts

Joined: May 2012
QUOTE(rivost @ May 2 2014, 01:11 PM)
oil won't finish, problem is going deeper and deeper the cost would be higher and higher. minus payments to gov't cronies minus tributes to sultan minus this and that not really cost-effective to invest in such operation.

and brunei already go deep sea, those are where most of its fields lie. beyond that is disputed territories, china will go wacko

user posted image
*
then is it good if i invest company like nam cheong? opportunity to become rich to become rich if invest in this kind of company?

This post has been edited by leonhart88: May 2 2014, 01:35 PM
SUSrivost
post May 2 2014, 01:35 PM

New Member
*
Newbie
0 posts

Joined: Feb 2013


QUOTE(feynman @ May 2 2014, 01:29 PM)
adui....Ampa and Champion are in shallow waters lah.....These 2 fields have much hydrocarbons. Bolom talk about Magpie and Gannet yet.

Seria onshore is still producing despite being the oldest field. It has produced more than 1B barrel till date.

If oil does reach $150 a barrel, Upstream companies have all the more incentive to go deep.
*
they are already extracting those for decades. you think they are still untapped?

also, aren't you forgetting something?

user posted image
feynman
post May 2 2014, 01:35 PM

Look at all my stars!!
Group Icon
Elite
4,781 posts

Joined: Dec 2004
QUOTE(leonhart88 @ May 2 2014, 01:33 PM)
10 yrs ago i studied geography 600k, where 200k?
*
Obviously you did not study hard enough.....go study again.
feynman
post May 2 2014, 01:39 PM

Look at all my stars!!
Group Icon
Elite
4,781 posts

Joined: Dec 2004
QUOTE(rivost @ May 2 2014, 01:35 PM)
they are already extracting those for decades. you think they are still untapped?

also, aren't you forgetting something?

user posted image
*
Adui....first you got shallow waters wrong......now you get where the delineation of international borders wrong.

Those two fields are still producing and they still have recoverable reserves. Which comes back to the point where they have not gone deep sea. Production is still in the shallow waters.

Brunei has deep sea territory. Deep water starts at 150 meters and more. Those areas are not disputed territories. Heard of block L and M ?

This post has been edited by feynman: May 2 2014, 01:41 PM
SUSrivost
post May 2 2014, 01:42 PM

New Member
*
Newbie
0 posts

Joined: Feb 2013


QUOTE(leonhart88 @ May 2 2014, 01:33 PM)
10 yrs ago i studied geography 600k, where 200k?
*
it is complex, i saw some data saying 600k+ too. but the most widely accepted is 400k.

ever heard an expat said it could possibly be 600k+, but brunei is a country where race is very important. their so-called 'national philosophy' states that malays must be the dominant race, so the demographics can be 'tweaked' to drop foreigners if needed. after all, they already made half their chinese stateless thus the % of malay citizens look very high.

This post has been edited by rivost: May 2 2014, 01:55 PM
SUSvuetnam
post May 2 2014, 01:43 PM

Regular
******
Senior Member
1,259 posts

Joined: May 2012
From: Kaoshiung, Taiwan and Kuala Lumpur


Hudud supporters can go Brunei biggrin.gif
SUSchokia
post May 2 2014, 01:44 PM

Chartered Member
*******
Senior Member
3,617 posts

Joined: Oct 2010
QUOTE(Toyoi @ May 2 2014, 01:03 PM)
Diam lah. "Perlis of the East" sooner or later becum our 15th new state tau! LoLLL!!!
*
Yeah then our ringgit peg to sgd 1= rm1 = bnd1

win!
teehk_tee
post May 2 2014, 01:46 PM

ไม่เป็นไร
*******
Senior Member
5,363 posts

Joined: Apr 2005
From: กรุงเทพมหานคร BKK

user posted image

so when is malaysia absorbing brunei?
crapp0
post May 2 2014, 01:48 PM

Look at all my stars!!
*******
Senior Member
4,414 posts

Joined: Feb 2005


They will become the next afghanistan, luckily its brunei who is going down this path. If not, malaysia will follow suite.
SUSrivost
post May 2 2014, 01:53 PM

New Member
*
Newbie
0 posts

Joined: Feb 2013


QUOTE(feynman @ May 2 2014, 01:39 PM)
Adui....first you got shallow waters wrong......now you get where the delineation of international borders wrong.

Those two fields are still producing and they still have recoverable reserves. Which comes back to the point where they have not gone deep sea. Production is still in the shallow waters. 

Brunei has deep sea territory. Deep water starts at 150 meters and more. Those areas are not disputed territories. Heard of block L and M ?
*
didn't quite bother to measure the meters when looking at the map.

you referring to this?

user posted image

let's hope they found a good reserve there laugh.gif but even so petronas will share some profit ratio as agreed in 2009.

in addition, some of their problem is internal. brunei increasingly demand a lot of terms from shell, such as local employment quota, even though the locals are rather inefficient. they have also setup a national oil company (http://www.pb.com.bn/) and start making things harder and harder for shell. so don't expect shell to make any further big investment. it may drag on for even decades.
SUSrivost
post May 2 2014, 01:58 PM

New Member
*
Newbie
0 posts

Joined: Feb 2013


car is very cheap, some family 4-5 cars laugh.gif

QUOTE(Toyoi @ May 2 2014, 01:52 PM)
most probably brunei pop. is around 350K - 400K only

that's why brunei annual car sales is +20K units or so. korrek??

wonder why Potong call Brunei as its active export market...LoLL

PROTON mengeksport pelbagai model kereta nasional ke 20 negara yang mempunyai pasaran aktif antaranya Australia, Indonesia, Mesir dan Brunei dengan model yang paling popular ialah Persona.
ruffstuff  hmm.gif  hmm.gif  doh.gif
» Click to show Spoiler - click again to hide... «

*
SUSrivost
post May 2 2014, 02:00 PM

New Member
*
Newbie
0 posts

Joined: Feb 2013


QUOTE(Toyoi @ May 2 2014, 01:57 PM)
looks like somebody is learning the trick from petronas bit by bit...berkongsi ilmu lettew
*
hmm, no.

malaysia is still ok. brunei is horribly inept laugh.gif

their national oil company may even fail and petronas swallows up brunei's reserves. maybe badawi already predicted that last time?

8 Pages < 1 2 3 4 5 > » 
Bump Topic Add ReplyOptions New Topic
 

Change to:
| Lo-Fi Version
0.0219sec    0.63    5 queries    GZIP Disabled
Time is now: 11th December 2025 - 07:40 AM