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Iain Lo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Changes in board of Sapura Energy

has appointed Datuk Iain Lo and Bernard di Tullio to its board of directors, effective May 1. Iain will join as an independent and non-executive director, while di Tullio joins as a non-independent non-executive director, Sapura Energy said in a statement. Sapura Energy has also appointed Datuk Mohd Anuar Taib as executive director, by virtue of his role as group chief executive officer, effective May 1. Iain, who has recently retired as Shell Malaysia’s chairman, has more than 30 years of extensive experience in Shell’s exploration and production, gas and downstream businesses both in Malaysia and abroad. He joined Sarawak Shell Bhd as a field engineer in 1990 before moving on to various engineering, economics and corporate roles based in Malaysia, The Hague and Singapore. His areas of responsibility have included LNG and Chemical joint ventures in Malaysia, Middle East, China and Russia.

Shell to cut 250 to 300 upstream jobs over two years

Lo emphasised that Shell Malaysia intends to grow its downstream marketing businesses to reinforce its retail and lubricants leadership positions in the country. KUALA LUMPUR: Shell Malaysia plans to reduce the workforce in its upstream business by between 250 and 300 workers over two years as the global group implements measures to thrive through the energy transition and become a simpler organisation. In a statement posted on its website, Shell Malaysia said this is part of the global reshaping of Shell as the energy giant focuses on improving efficiency to become a more streamlined, competitive and collaborative organisation in today’s challenging landscape.

Shell Malaysia to cut 250 to 300 upstream jobs over two years

Malaysia is a very important country for the Shell Group. The upstream exploration & production continues to be a critical business for Shell, and the upstream business in Malaysia has been identified as one of Shell’s nine core performance units worldwide. KUALA LUMPUR: Shell Malaysia plans to reduce the workforce in its upstream business by between 250 and 300 workers over two years as the global group implements measures to thrive through the energy transition and become a simpler organisation. In a recent statement posted on its website, Shell Malaysia said this was part of the global reshaping of Shell as the energy giant focuses on improving efficiency to become a more streamlined, competitive and collaborative organisation in today’s challenging landscape.

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