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Oil companies are hesitant as virus cases increased

by Bunkerist
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US energy companies braked on being back to work in full capacity, as COVID-19 incidents rose and well known hospitals warned that beds could be depleted for severe patients.

A record number of new cases this week in Texas exceeded 5,000 in two consecutive days, prompting local officials to introduce restrictions. Officials stated that the intensive care unit beds are full by 97% at Houston’s Texas Medical Center.

The easing of the restrictions that started from May 1 caused gradual reopening of shops, bars and entertainment venues. Businesses started working in their offices again. However, on Wednesday, the outbreak was warned and people were called back to stay at home. The increase in illness and hospitalizations delays or stops the opening of large employers accordingly.

A spokesperson for instance said that the US’ second-largest oilfield service company postponed the second phase of its return to work for two weeks.

Some oil majors are also said to delay their reopening plans to see their way ahead. For now, they intend to balance employment by shifting a certain proportion of office workers to offices at different locations.

It is said that the vast majority of staff are back home and will continue to work from their own offices.

According to a source familiar with the subject, a natural gas pipeline company reopened on June 1. However, closed three weeks later as soon as witnessing positive results of the tests for two employees, and sent employees  at Houston back home.

It is said that the vast majority of staff are back and will continue to work from their own offices.

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