On 8th May 2017, Brunei National Petroleum Company Sdn Bhd (PetroleumBRUNEI) along with 10 major oil companies operating in Brunei Darussalam signed the Brunei Energy Industry Business Integrity Pact as part of its commitment in ensuring business integrity in all aspect of its business operations.
The pact consists of 10 essential principles the companies shall incorporate to ensure appropriate internal controls are in place to assess, prevent, detect and monitor integrity and compliance risks in the course of their operations.
By agreeing to this pact, the industry is conveying its zero-tolerance message that any company lacking integrity and transparency will not have the opportunity to do business with any of the Oil & Gas operators in Brunei Darussalam.
© PetroleumBRUNEI Sdn Bhd . All rights reserved