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
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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.
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