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02-02-2016, 07:50 AM
An honorable member of the Coffee Shop Has Just Posted the Following:

Following McDermott, Technip and Saipem, Subsea 7 will relocate its regional headquarters by third quarter 2016

Subsea 7 is understood to be closing its office in Singapore and will move its Asian base to Kuala Lumpur (KL) in an effort to trim its operating costs, reports say.

Less than 10 staff will be asked to move to the new location, reports say, and others will be made redundant so local staff can be hired in Malaysia, according to reports from Strategic Offshore Research.


http://splash247.com/subsea-7-to-clo...-kuala-lumpur/ (http://splash247.com/subsea-7-to-close-singapore-office-in-favour-of-kuala-lumpur/)


Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?224535-Another-O-amp-M-player-exits-Singapore-for-Kuala-Lumpur&goto=newpost).