The Story of Brunei's Oil Discovery
Note: An edited version of the following article was published in The Golden Legacy column in Brunei's national newspaper, The Brunei Times dated 12th May 2007. The story of the discovery of oil in Brunei’s oil town, Seria has often been told even in school text books but no body remembers how difficult it was to find oil in Brunei Darussalam at the beginning. When we look at the approximately 200,000 barrels of oil that our nation produced daily and the billions of revenues that we get from the sale of oil and gas, it is a wonder that it was ever found in the first place. By the early 20th century, Brunei, once a powerful regional thalassocracy (maritime power) had become a poor country. Brunei had lost almost all of its territories and was confined to the current tiny area in the vast Borneo Island. It needed something of a miracle and it found it when oil was discovered in Brunei and in particular in abundance where Brunei is currently. Oil has been more or less expected...