British Borneo Oil and Gas

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"The Original Company was known as, British-Borneo Petroleum Syndicate and was one of the United Kingdom's oldest oil companies. Founded in 1912, British-Borneo Petroleum Syndicate was created to oversee oil and gas licenses in British North Borneo and Brunei, where it also carried out exploration operations until 1925. Exploration continued in other areas of the world until World War II. It was also the U.K.'s third largest independent oil company, and one of the leading oil and gas exploration and production companies in the world. The company was active on six continents, with a core focus in the United States, the United Kingdom, and Australia, particularly in deep-water drilling in the Gulf of Mexico and on low-risk exploration on the U.K. Continental Shelf in the North Sea. In 1999, the company was acquired by Agip, and a famous British name passed into history.

"In 2005, a British entrepreneur, Shiv Shankaran Nair, with a history of business interests in Malaysia, Brunei and Indonesia revived the name and signed the first jv agreement with Petronad, the then state oil company of Aceh Darussalam.The phoenix had arisen!! "[1]


Accessed April 2013: [2]



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  1. British Borneo Oil and Gas About, organizational web page, accessed April 4, 2013.
  2. British Borneo Oil and Gas Board, organizational web page, accessed April 4, 2013.