Impact Of Petronas's Layoffs On Industry Players
10 mins·08:30, 9 Jun 2025
Impact Of Petronas's Layoffs On Industry Players
10 mins
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08:30, 9 Jun 2025
·
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Guest: Jamalludin Obeng, President of Malaysia OSV Owners’ Association
Petronas announced last week that it will be reducing its global headcount by 10%, amounting to about 5,000 people, as well as implementing a hiring freeze until December 2026. How will these moves affect local oil and gas services and equipment companies? Jamalludin Obeng, President of Malaysia OSV Owners’ Association shares his perspective.
Image Credit: Shutterstock.com
Presenter: Wong Shou Ning, Philip See
Producer: Jake Lim
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