Oil Search slashes a third of jobs, pledges more senior roles for PNG nationals, women

Oil Search slashes a third of jobs, pledges more senior roles for PNG nationals, women

Papua New Guinea-focused oil and gas firm Oil Search said on Wednesday it has axed a third of its workforce amid slumping demand, in a shake-up that also aims to reserve more senior positions for Papua New Guinea (PNG) citizens and women.

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Market news summary from Reuters Commodity News.
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