Main Business Activities
Shell has been present in Brunei for more than 60 years and our activities are mainly carried out by non-Shell-operated joint ventures. The figures above are for Shell’s wholly-owned entities in Brunei that carried out exploration and production activities.
Country Financial Analysis
The taxes paid and accrued are low due to exploration costs and associated tax relief for capital expenditure, as well as losses available from prior years.
Our Payments to Governments Report for 2018 shows that Shell also paid around $1.4 million in fees.