© Bloomberg 
US supermajor Chevron has announced it will close its Aberdeen offices amid job cuts and plans to leave the UK.
Although the company did not confirm the number of jobs impacted, Chevron told Energy Voice: “We have a small specialist team currently based in our Aberdeen office.”
The move brings the firm’s 55-year presence in the Granite City to an end.
The decision is part of a company-wide penny-pinching strategy, which will see headcount drop by up to 20% globally. Chevron unveiled plans for $3 billion worth of savings by 2026 in February.
The company will retain its London base, meanwhile, which it described as “an important regional hub for Chevron”. Its Granite City premises will close between this Christmas and next.
A spokesperson for the business said: “As part of Chevron’s focus on optimising our global portfolio, we are simplifying our organisational structure.
“This is intended to improve efficiency, drive stronger competitive performance and enhance our long-term competitiveness.
“Consequently, a decision has been made to close our Aberdeen office. The office closure will take place between December 2025 and December 2026.”
© DCT MediaChevron previously moved its Aberdeen employees to an office block on the third floor of Aberdeen’s Marischal Square.
The move followed the sale of its UK North Sea business to Ithaca Energy as part of a £1.6bn deal completed in November 2019.
This saw Ithaca take up the lease on Chevron’s former base at Hill of Rubislaw in Aberdeen and retain 450 Chevron employees, including 200 offshore.
“We are very proud of our long legacy in Aberdeen, and we appreciate the technical expertise and many talented people connected to our Aberdeen office who have contributed to Chevron’s success,” the spokesperson added.
“We would like to offer our appreciation for the people of Aberdeen and the city’s communities, where we have worked for over 55 years.”
Last year, the business announced plans to offload its UK assets and vacate the country.
Chevron is not an operator within the UK, however it holds a 19.4% stake in BP’s Clair oilfield in the West of Shetland.
Additionally, it holds a share of the Sullom Voe oil terminal in Shetland and stakes in the Ninian and SIRGE pipeline systems.
When questioned on this process, Chevron commented: “As a matter of policy, we do not comment on commercial matters.”
