Shell Malaysia 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 will see growth in jobs in certain areas of its business nationwide as well as reductions in others, with the largest impact felt in upstream business, which will reduce 250-300 roles.

“However, as other businesses in Malaysia are set to grow, the overall reduction of roles in Shell Malaysia is expected to be around 2%. This reduction will take place progressively over two years, ” said Shell Malaysia chairman Datuk Iain Lo.

He said Malaysia is a very important country for the group. The upstream exploration and 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.

As part of its drive for increased efficiency and collaboration, most of Shell Malaysia upstream staff will relocate to the principal office in Miri, Sarawak.

This office consolidation will enable better ways of working.

Shell Malaysia will continue to maintain an office in Kota Kinabalu for the downstream businesses and some upstream support.

There are no changes to Shell’s offshore deep-water operations in Sabah. Menara Shell in Kuala Lumpur will continue to host Shell Malaysia downstream and corporate entities. Shell business operations centre will continue in Wisma Shell in Cyberjaya.

Lo emphasised that Shell Malaysia intends to grow its downstream marketing businesses to reinforce its retail and lubricants leadership positions in the country.