Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2016-03-03 18:50:00

PETRONAS CUTS $12 BLN, 1,000 JOBS

PETRONAS CUTS $12 BLN, 1,000 JOBS

Malaysia's state-run Petronas plans to reduce capital and operating expenditures by $12 billion over the next 3 years, starting with $3.6-4.8 billion in 2016. The move comes with a companywide reorganization that will result in about 1,000 redundancies.

Effective Apr. 1, executive leadership will in part comprise Datuk Wan Zulkiflee Wan Ariffin, president and group chief executive officer; Datuk Mohd Anuar Taib, executive vice-president and chief executive officer, upstream; and Md Arif Mahmood, executive vice-president and chief executive officer, downstream.

"Exhaustive efforts are ongoing to redeploy affected employees," the firm said, adding that it "will further embark on a separation exercise for these employees as needed, which is expected to be completed over the next 6 months."

Datuk Wan Zulkiflee noted the budget cuts will impact some of Petronas's capital projects. "At this point, we have taken the decision to rephase the Petronas Floating LNG 2 [(PFLNG2)] project (OGJ Online, Feb. 14, 2014), to be commissioned at a later date than originally planned," he said.

The 1.5-million tonnes/year PFLNG2, originally slated to begin production in 2018, is to be moored at Rotan gas field on deepwater Block H offshore Sabah.

ogj.com

-----

More: 

PETRONAS PLANS TO USE $5 BLN 

MALAYSIA: THE SECOND-LARGEST OF LNG 

PETRONAS CLOSES CANADA: $10 BLN 

YPF & PETRONAS AGREE 

EXXON SELLS MALAYSIA

 

 

Tags: PETRONAS, OIL, PRICE
PETRONAS CUTS $12 BLN, 1,000 JOBS November, 14, 12:25:00

OIL PRICE: NEAR $65

PETRONAS CUTS $12 BLN, 1,000 JOBS November, 14, 12:15:00

OIL MARKET UNCERTAINTY

PETRONAS CUTS $12 BLN, 1,000 JOBS November, 14, 12:10:00

NATURAL GAS: THE SECOND

PETRONAS CUTS $12 BLN, 1,000 JOBS November, 14, 12:05:00

CHINA: THE WORLD'S TOP

PETRONAS CUTS $12 BLN, 1,000 JOBS November, 14, 12:00:00

U.S. PRODUCTION: OIL + 113 TBD, GAS + 1,038 MCFD

PETRONAS CUTS $12 BLN, 1,000 JOBS November, 14, 11:55:00

NUCLEAR NEEDS INVESTMENT

All Publications »

Chronicle:

PETRONAS CUTS $12 BLN, 1,000 JOBS
2018, November, 14, 11:50:00

NUCLEAR POWER CHANGING

WNN - The search for solutions to climate change must include discussion of nuclear power, Scott Foster, director of the Sustainable Energy Division of UNECE, told

PETRONAS CUTS $12 BLN, 1,000 JOBS
2018, November, 14, 11:45:00

U.S. NUCLEAR CAPEX DOWN 40.8%

WNN - in 2017 the average total generating cost - which includes capital, fuel and operating costs - for nuclear energy was USD33.50 per megawatt-hour (MWh).

PETRONAS CUTS $12 BLN, 1,000 JOBS
2018, November, 14, 11:40:00

LUKOIL PRODUCTION 2.3 MBD

LUKOIL - For the first nine months of 2018 LUKOIL Group's average hydrocarbon production excluding West Qurna-2 project was 2,301 thousand boe per day, which is 3.7% higher year-on-year.

PETRONAS CUTS $12 BLN, 1,000 JOBS
2018, November, 14, 11:35:00

BHGE, GE MAXIMIZES VALUE

GE - Baker Hughes, a GE company and General Electric Company Announce a Series of Long-Term Agreements to Maximize Value for Both BHGE and GE

All Publications »