Office space blues from oil and gas companies


Cost-cutting measure: The 29-storey Menara ExxonMobil has been leased to the company since 1997 and the O&G giant is looking at occupying up to only half of the building.

PETALING JAYA: The bleak long-term outlook of oil prices has gotten companies with operations in the Kuala Lumpur city centre readjusting their priorities in line with the situation.

ExxonMobil Exploration and Production Malaysia Inc is likely to join the list of companies that have embarked on cost cutting measures particularly in terms of office space.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Business , KLCCP , ExxonMobil , oil

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