Axe to fall on hundreds more in Singapore oil & gas sector
BW Offshore, Modec, CB&I scaling down or exiting the country altogether after Keppel, Sembcorp cut almost 10,000 from global workforce
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
HUNDREDS more people in the oil and gas sectors will lose their jobs as industry contractors operating out of Singapore scale down further or exit the country altogether.
The Business Times understands that in addition to the 160 to 170 jobs that have been lost from the liquidation of Dolphin Geophysical Pte Ltd, leading floating production players BW Offshore and Modec and engineering giant Chicago Bridge & Iron (CB&I) are also retrenching in Singapore.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
