@bizbrunei: Viddacom will become the first local oil and gas service provider to own and operate a Liquid Mud Plant (LMP) that supplies drilling fluids used in well operations. VidDaCom will develop the LMP in partnership with SLB, leveraging the global oilfield services company’s technical expertise to build the plant’s mixing systems. The project’s groundbreaking was held on May 8. The LMP will have 23,000 barrels of mud tank capacity and is targeted to be operational by year-end. The plant will support upstream oil and gas activity as Brunei’s crude oil production continues to recover. Brunei’s crude oil output grew 7.9% in 2025 to 107,000 barrels per day, up from 99,200 in 2024 and 89,400 in 2023, marking a second consecutive year of recovery. VidDaCom’s move into LMP ownership follows its progression as a local provider moving deeper into the oil and gas value chain, especially in well-related services. The upcoming LMP is another milestone for local MSMEs in the oil and gas industry, transferring ownership and operation of a specialised service typically led by multinational service companies or major upstream operators.

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Friday 19 June 2026 02:53:57 GMT