theceomagazine.com | 163has new activity, and we won a new offshore services
contract with our partners,” Haydn explains.
“We also acquired new interest in a block in Brunei
and are fast-tracking this development to bring the
molecules to market.”
The company is also looking to explore
and develop available hydrocarbon
resources in Brunei with existing
international oil and gas companies,
as well as seeking new players to work
with – such as Posco International,
with which it signed a memorandum
of understanding in November 2018
- to help develop a full gas value
chain business.
Further, it is actively pursuing
business in the services sector and is
forming partnerships to provide services
in drilling, decommissioning, EPC, rotating
equipment, maintenance and repair, and renewable energy - the two latter activities with TNB REMACO and TNB
Energy Services, wholly owned subsidiaries of Tenaga
Nasional Berhad (the largest electric utility company in
Malaysia and largest power company listed in South-East
Asia). “For us, it is about growth for the organisation but also
about maximising in-country value – local job creation and
local business development. This is going to be one of the
key focuses for us going forward,” Haydn says.
“Brunei is at the doorstep of the highest
demand growth market in the world.
The industry has been growing very
quickly within a short period, so it
is an extremely exciting time.”
Haydn describes his leadership
style as being driven by transformation
and improving efficiency and decision-
making, which he says takes a
collaborative effort – bringing everyone
to the table and allowing different views
to be heard.
“The decision, at the end of the day, will
have a lot more buy-in that way and everyone
will be more motivated for its implementation,” he says.
“Building competency is also absolutely critical. One of the
things we have done is put the organisation and our staff
on a fast track to competency development, and succession
planning for future leaders.”
Haydn’s belief in the importance of teamwork extends
to how business is conducted – the nature of the oil and
gas industry is such that it operates as a chain of activities,
with everyone along that chain playing a key role.“It has been an absolute pleasure developing a strategic partnership with
Brunei National Petroleum Company. New opportunities brought by our
partnership across the entire LNG value chain are shaping a vibrant future
for our ever-evolving business. We hope to collaborate more closely with BNPC.”
- Young-Sang Kim, President and CEO, Posco International
“BRUNEI IS
AT THE
DOORSTEPS OF
THE HIGHEST
DEMAND
GROWTH
MARKET IN
THE WORLD.”Interview | INVEST