Fossil Energy – Productivity Review
In response to an online news portal’s report that it might be trimming its workforce due to its gas distribution agreement with Petroleum Sarawak, Petronas said it is conducting a comprehensive review of its productivity.
The review is being done to “streamline its ways of working, eliminate inefficiencies, and focus on undertakings that can deliver measurable value,” the company said in a recent statement.
The move is also part of its efforts to execute its energy transition strategy “while delivering continuous improvements by becoming more operationally focused, commercially agile and cost-efficient”, it said.
