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Chevron Thailand slims down as low oil prices bite
Asia focus, Nareerat Wiriyapong, Published on 16/05/2016
» Low oil prices have begun to take their toll on petroleum exploration and production (E&P) companies in Asia, with US-based Chevron Corp preparing to cut jobs at its Thai operations as part of the company's global headcount reduction of 4,000 this year.
Smooth sailing for Mermaid in offshore oil business
Business, ShareInvestor, Published on 07/11/2014
» Mermaid Maritime Plc, a provider of subsea and drilling services for the offshore oil and gas industry, is a subsidiary of Thailand-based shipping group Thoresen Thai Agencies Plc (TTA). Mermaid has been listed on the Singapore Exchange since 2007. Chalermchai Mahagitsiri, executive vice-chairman and chief executive, discusses his company's strategy and outlook.