PETALING JAYA: Schlumberger Ltd (Schlumberger), a global technology and service provider for the oil and gas industry, will start providing services from its Malaysian financial hub to more than 60 countries in the Eastern Hemisphere next year.
Schlumberger’s executive vice president and chief financial officer Simon Ayat said the new centre would provide financial and accounting services to Schlumberger businesses in the Asia Pacific, Middle East and Europe/Africa regions.
“Malaysia is very important for Schlumberger and this validates our choice to be here and to serve the rest of the world,” he told reporters after the opening of the financial hub here yesterday.
Among the initiatives that will be taken through the financial hub is to increase the effectiveness of finance teams in their locations and increase efficiency by consolidating the accounting, analysis and transaction elements of their services, he said.
According to Ayat, the hub will be a springboard for the company to open additional similar sized facilities to serve other parts of the world.
About 2,000 Malaysians are currently working with Schlumberger globally with 1,400 based here.
For the financial hub, almost 200 employees from 19 different nationalities are working there and the number is expected to increase to 400 next year in order to train more workers who know about industry and gain abroad international understanding.
Currently, Schlumberger is employing 105,000 employees of 140 nationalities and operating in about 80 countries. — Bernama