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Further cuts in sector

Shell to axe 90 more oil jobs in Aberdeen

Oil giant Shell is shedding a further 90 jobs at its North Sea headquarters in Aberdeen as it aims to maintain competitiveness amid the continuing depressed price of crude.

The Anglo Dutch company told  the staff that it planned to axe positions in a cost-saving programme it expects to complete this year.

The head of the North Sea business Steve Phimister said the cuts were intended to help the firm to become the most competitive and resilient oil and gas business in the UK Continental Shelf where it employs 1,700.

He said: “We intend to reduce the size of the organisation by approximately 90 onshore positions by the end of 2017.

“Offshore roles will not be impacted by this decision. Our aim is to ensure our organisation is appropriate to support our drive to become the most competitive and resilient oil and gas business in the UK continental shelf.”

He added: “We are committed to the UK North Sea and see considerable future value and opportunity; we remain a significant employer and aim to continue to invest significantly in the North Sea in the coming years.”

In January, the company announced an agreement to sell a package of UK North Sea assets to Chrysaor for up to £3 billion. Shell said the latest job losses are not specifically related to the Chrysaor deal.

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