Retrenchment by Oil & Gas Companies (as of Nov 2015)

oil and gas retrenchment 2015
Retrenchment by Oil & Gas Companies (As of November 2015)
Job cut by International Oil and Gas Companies
1)FMC – 2000
2)Halliburton – 6000
3)Baker Hughes – 7000
4)MH Wirth -750
5)Weatherford – 8000
6)BP – 300
7)Chevron – 160
8)Schlumberger – 9000
9)Technip – 6000
10)Statoil – 1500
11)Aker Solution – 200
12)Talisman – 300
13)Apache – 250
14)SBM – 1200
15)Subsea 7 – 2500
16) Royal Dutch Shell – 7000
17)National Oilwell Varco – 2400
Job Cut by local (Malaysia) Oil and Gas Companies
1)SBM Malaysia – VSS
2)TH Heavy Engineering – VSS (let go 1/3 of workforce)
3)Petrofac-RNZ – VSS (100)
4)Petronas Carigali – Salary Cut
5)MMHE – 2000 (updated)
6)Bumi Armada – 155
7)Shell Malaysia – 1300 in 2 years
8)Exxonmobil Malaysia – 320
9)Technip Malaysia – 600
10)Ranhill WorleyParson – 120
11)Murphy Oil – 80
On top of this, below companies also made cut
12)Aker Solution – VSS & MSS
13)Petrofac PML – 90
14)Lundin – ?
It is estimated that at least 2000 people are out of jobs now from Malaysia Oil & Gas industry.
Feel free to share any additional info and data regarding the retrenchment in oil & gas industry.

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