Oil Discovery

The discovery of oil in Seria marked the beginning of Brunei's journey to becoming one of the world's wealthiest nations per capita. This pivotal event laid the foundation for its modern economy and welfare state, driving rapid development.

In 1932, Bahrain became the first country in the Arabian Gulf to discover oil, marking the beginning of the region's oil boom. This pivotal discovery rapidly transformed its economy from a pearl-diving nation to a petroleum-rich state.