Shell VSS in the news today..

Serious? I tried to google, but cannot get the news.

I remember my friend told me - their leadership is so firmed no release VSS in March. Why suddenly change the mind?

UALA LUMPUR: Oil and gas company Shell Malaysia announced on Tuesday a reorganisation of its upstream division, which will see a reduction of 1,300 jobs over the next two years.

Shell Malaysia, a unit of Royal Dutch Shell PLC, said in a statement the programme aims to improve efficiency and removing complexity to become a more agile and competitive company. It has a total workforce of about 6,500 staff.

Below is the full statement issued on Tuesday:

Shell Malaysia transforms upstream division to improve efficiency and competitiveness
29/09/2015

Shell’s efficiency measures to impact 1,300 positions in upstream division over two years

MIRI, 29 September 2015 – Shell Malaysia today revealed its transformation programme for its upstream division. It focuses on improving efficiency and removing complexity to become a more agile and competitive company.

“We are strengthening our organisation by prioritising productivity and efficiency, without compromising on safety and reliability. We will emerge from this process as a more nimble, resilient and competitive player in the Malaysian oil and gas industry,” said Iain Lo, Chairman of Shell Malaysia.

As a result of this initiative, Shell Malaysia will reduce approximately 1,300 positions from its upstream division over the next two years. Shell Malaysia’s total workforce is approximately 6,500 staff.

Explaining the move, Lo said, “This is certainly a very difficult decision to make. We have made adjustments in our upstream portfolio and we will drive greater efficiency in our operations. Regretfully, these have resulted in an unavoidable impact on staff. I wish to reiterate our commitment to treat our people with respect and care in line with the Shell Global People Principles, and help them transition from their current positions.”

Shell has a long history in Malaysia. It will mark its 125th anniversary in the country next year.

“We are proud of our contributions to the oil and gas industry in Malaysia. We look forward to continue a long and fruitful partnership with PETRONAS. We also believe that we have much to contribute to the nation, especially to Sabah and Sarawak, when it comes to the development of the country’s resources. I want to be unequivocal in saying that Shell remains confident of its future in Malaysia,” said Lo.

Malaysia is one of the very few countries in the Shell Group where all the major lines of Shell’s business, from the upstream to the downstream as well as business services, are present.

In the upstream, Shell Malaysia’s Gumusut-Kakap platform is the company’s first deep-water floating production system in Malaysia. Shell has also recently achieved an important milestone in the construction of a tension leg platform for its second deep-water venture, the Malikai oil field, 100km offshore Sabah. Shell Malaysia is a leading explorer in the country, having invested an average of US$100m per year over the last 6 years and having made 11 discoveries (including discoveries in Blocks where Shell is a partner) in the past 24 months.

Shell’s midstream presence in Malaysia has served as an important innovation hub for the Group. Shell built its first commercial-scale Gas-to-Liquid (GTL) plant in Bintulu, Sarawak. GTL research and development has led to a number of innovative products such as Shell Helix Ultra PurePlus technology that benefits motorists worldwide today.

In the downstream, Shell continues to extend its leadership as the fuels and lubricants brand of choice. Most recently, through its Welcome To Shell initiative, the company embarked on a three-year business and culture change that will see its retail sites nationwide become leaders in hospitality and customer service on Malaysian roads.

“Shell Malaysia is preparing itself to be more competitive in a low oil price environment. Continuing business as usual is not sustainable. We are taking difficult, but necessary action. We have a strategy going forward, anchored on our scale and competitiveness in the upstream and leveraging our leading brand in the downstream. We remain aligned strategically with the Group and we are confident that we will be able to deliver competitive returns for our shareholders, thus earning the mandate to compete for our future in Malaysia,” continued Lo.

Shell VSS in the news today..

http://www.thestar.com.my/Business/Busines...ears/?style=biz
KUALA LUMPUR: Oil and gas company Shell Malaysia announced on Tuesday a reorganisation of its upstream division, which will see a reduction of 1,300 jobs over the next two years.

Shell Malaysia, a unit of Royal Dutch Shell PLC, said in a statement the programme aims to improve efficiency and removing complexity to become a more agile and competitive company. It has a total workforce of about 6,500 staff.

Below is the full statement issued on Tuesday:

Shell Malaysia transforms upstream division to improve efficiency and competitiveness
29/09/2015

Shell’s efficiency measures to impact 1,300 positions in upstream division over two years

Not a single word on VSS, call and look for various source, it will be 10 people fighting for 6 post, the 4 person that not get it will be given 3 months to continue makan gaji buta and at the same time look for position outside Malaysia, if still cannot, bye bye
Shell for the past 4 years has never offer VSS already, only FSS

I was told by my friend that by Oct most likely they will start axing. Just like u mention,  10 people for only 5 post for example.

Shell are good 10 years back, when they start to have locals to head the cooperation, all the good old days changed. Employing new staffs need Petronas's approval(something like 10 post, only 1 Chinese or Indian and 9 Malays must have the job first).
So if you have experience for O&G, head West, no need to waste time on Malaysia
Sad to say this, but this is the fact.
BTW, even you know if 10 fight for 5, don't reveal it lar, is not good, since this will make some butthurted fanboy that still leaving in denial feel more butthurt. Fact is 4 only will be getting a post

Shell are good 10 years back, when they start to have locals to head the cooperation, all the good old days changed. Employing new staffs need Petronas's approval(something like 10 post, only 1 Chinese or Indian and 9 Malays must have the job first).
So if you have experience for O&G, head West, no need to waste time on Malaysia
Sad to say this, but this is the fact.
BTW, even you know if 10 fight for 5, don't reveal it lar, is not good, since this will make some butthurted fanboy that still leaving in denial feel more butthurt. Fact is 4 only will be getting a post

you sure that shell need petronas approval for new hiring????? 

current situation is mainly due to low crude price and their PSAs signed 10-20 yrs ago are expired with no further renewal from Petronas... and it's also more and more difficult to do business here as well...

i think it's all about transparency that impacted staff should know the news few months ahead so that they have time to prepare for their future or career.... last time, BP only gave their staff 3 months notice before kene chopped..

Is already an open secret on HR side

then u need to recheck with the HR again.... alot of ppl in shell are hired by bosses sitting thousands kilometer away.... Shell malaysia is just a base company  from HR point of view....  common sense will tell u right that if u want to expand your business e.g. retail which petronas dagang is the direct competitor.... u have to ask ur competitors who you can hire in order to compete with them?    alot of shell staff in malaysia do not have bosses in malaysia and local chairman even has no control over them...

Shell are good 10 years back, when they start to have locals to head the cooperation, all the good old days changed. Employing new staffs need Petronas's approval(something like 10 post, only 1 Chinese or Indian and 9 Malays must have the job first).
So if you have experience for O&G, head West, no need to waste time on Malaysia
Sad to say this, but this is the fact.
BTW, even you know if 10 fight for 5, don't reveal it lar, is not good, since this will make some butthurted fanboy that still leaving in denial feel more butthurt. Fact is 4 only will be getting a post

This guy above just gave out the biggest B/S of the year. I am working on a project with Shell and i can confirm that most of their Malaysian employees are Chinese..85% or so. Those based at the KL  Project office..

this 'expert' comment & analysis made my day.

Shell are good 10 years back, when they start to have locals to head the cooperation, all the good old days changed. Employing new staffs need Petronas's approval(something like 10 post, only 1 Chinese or Indian and 9 Malays must have the job first).
So if you have experience for O&G, head West, no need to waste time on Malaysia
Sad to say this, but this is the fact.
BTW, even you know if 10 fight for 5, don't reveal it lar, is not good, since this will make some butthurted fanboy that still leaving in denial feel more butthurt. Fact is 4 only will be getting a post

so what are you doing rite now? heading to west working at there?
or still struggling looking for new job? and wasting your time in front of pc, commenting in forum & try to feed people how unfair O&G industry in malaysia? 

don't be a sore loser my friend. Different in opinion & not agree with your statement doesn't mean that person is butthurt.  
Matter of fact, judging from all your posting here, the butthurt person actually is you. 

Move forward la my friend, here is not personal facebook wall to distinguish their feeling, how unfair is life, bla..bla...bla..
From 10 statement made by you, 8 is baseless. But yeahh, rite..... whoever have different opinion with you is "butthurted fanboy that still leaving in denial feel more butthurt" rite? lol..