THE Department of Trade and Industry, along with other government agencies, backed President Ferdinand R. Marcos Jr.’s efforts to pursue collaborations with Brunei’s leading oil and gas companies in the Philippines’ growing renewable energy sector.

DTI Secretary Fred Pascual supported President Marcos Jr.’s investment appeal during a meeting with executives from Brunei Shell Petroleum (BSP), Brunei LNG (BLNG), TotalEnergies Brunei, Serikandi Oilfield Services, and Adinin Group of Companies, on the sidelines of presidential visit to Brunei Darussalam.

“Our country holds tremendous potential for clean energy, with abundant solar, wind, and tidal resources waiting to be harnessed. Brunei’s proven track record in energy projects positions you as a key partner in unlocking this potential. With this, we look forward to the partnerships that this meeting will forge as both of our countries take the lead in Southeast Asia’s clean energy future,” said Secretary Pascual.

The Philippines recognizes Brunei’s extensive experience in the oil and gas industry, as well as its recent efforts to diversify its energy mix through renewable energy, as outlined in Brunei Vision 2035. Brunei’s oil and gas companies with their long history of success in the sector are uniquely positioned to contribute valuable knowledge and experience to the Philippines’ renewable energy development.