World

 

Español

 

Guyana


Trinidad
& Tobago

 






Very usefull links



PW
Bookstore





News links

AP

AFP

Aljazeera

Dow Jones

Oil price

Reuters

Bloomberg

Views and News
from
Norway

 

 

 

 

Pemex to cut offshore oil crews to halt COVID-19's spread
ynfpublishers.com

Workforce loss not expected to further impact output

- Company to slash 50% of offshore personnel
-
Workers asked to give up 25% of wages

By Sheky Espejo/Platts

MEXICO CITY
Petroleumworld 04 29 2020

Pemex is slashing the number of workers at its oil platforms to limit the spread of the coronavirus, allowing only essential personnel to remain, the company said Sunday.

Mexico's state-controlled oil and gas firm said the measure is expected to cut the number of workers at sea by 50%, including its own and outsourced personnel that make up the bulk of crews.

The company does not expect the cut to have an impact in production further past the agreed-to cuts in May under the output deal with OPEC+. Mexico agreed to cut its production by 100,000 b/d to 1.681 million b/d in May and June.

In March, Pemex produced 1.696 million b/d, less than 1% more than the previous month, according to official figures.

Local media reports from Campeche, one of the regions with the highest number of people employed by the oil and gas industry, calculated as many as 5,000 people could be sent back to land in the coming days.

Pemex did not respond to a request for comment.

Pemex so far has 248 confirmed cases of COVID-19 and 28 deaths, five of whom were current workers.

PAY CUTS

Blue-collar workers may not end up being the only ones who suffer directly from the impact of the coronavirus pandemic inside the company.

On Friday, Pemex asked employees to give up 25% of their net monthly wage voluntarily through December 2020 to help the company during the period of low crude prices. It was not entirely clear which workers were asked to take the pay cut.

At the end of 2019, Pemex employed little over 125,700 workers, according to its Q4 financial report sent to the Mexican Stock Exchange.

By Sheky Espejo from S&PGlobal Platts

spglobal.com
04 28 2020

TOP

Contact: editor@petroleumworld.com,

Editor & Publisher:Elio Ohep /
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2020, Elio Ohep A. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2020, Petroleumworld   / Elio Ohep - All rights reserved

 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.