Petroleum Mining Act · 2022 Revised Edition
2A. Ownership of petroleum
Official textFrom Attorney General's Chambers, unchanged
The entire ownership of any petroleum extracted from any
petroleum
“petroleum” means any mineral oil or relative hydrocarbon and natural gas or casinghead petroleum spirit existing in its natural condition in strata but does not include coal or bituminous shales or other stratified deposits from which oil can be extracted by destructive distillation;
State Land shall vest in the holder of mineral rights unless otherwise expressly provided in any petroleum mining Agreement.
State Land
“State Land” means land within Brunei Darussalam and includes the foreshores and submarine areas beneath the territorial waters of Brunei Darussalam and also the area of the Continental Shelf being the seabed and its subsoil which lies beneath the high seas contiguous to the territorial waters of Brunei Darussalam;
Terms defined in s 2
mineral rights
Defined · s 2“mineral rights” means the exclusive authority to explore, prospect and mine for petroleum within any State Land;
petroleum
Defined · s 2“petroleum” means any mineral oil or relative hydrocarbon and natural gas or casinghead petroleum spirit existing in its natural condition in strata but does not include coal or bituminous shales or other stratified deposits from which oil can be extracted by destructive distillation;
petroleum mining Agreement
Defined · s 2“petroleum mining Agreement” means an agreement with regard to exploration, prospecting and mining for petroleum or any of them that the State Party enters into under this Act. For the avoidance of doubt, petroleum mining Agreements shall include, without limitation, any licences, leases, concessions, production sharing agreements and service agreements with regard to exploration, prospecting and mining for petroleum or any of them entered into by the State Party in accordance with this Act;
State Land
Defined · s 2“State Land” means land within Brunei Darussalam and includes the foreshores and submarine areas beneath the territorial waters of Brunei Darussalam and also the area of the Continental Shelf being the seabed and its subsoil which lies beneath the high seas contiguous to the territorial waters of Brunei Darussalam;