The chief executive of Halliburton has said “strong results” show it is “effectively executing on its strategic priorities” after the firm cut 15,000 jobs since the start of the year.
Energy services giant Worley has revealed it has cut 3,000 jobs in response to the coronavirus pandemic and oil price crash.
The Norwegian Petroleum Directorate (NPD) today celebrated the region’s 6,000th well.
Energy giant SSE revealed it lost another 50,000 gas and electricity accounts as small suppliers continue to put their Big Six rivals under pressure.
As many as 50,000 people in the north-east have lost their jobs as a result of the oil price downturn, a Scottish Government minister has admitted.
An estimated 120,000 jobs will have been lost by the end of this year as a result of the collapse in fortunes of the UK offshore oil and gas industry.
Some 8,000 workers at oil camps north of the fire-ravaged Canadian city of Fort McMurray were ordered to evacuate as authorities continued the battle to bring wildfires under control.
Scores of offshore workers are among more than 22,000 applicants for just 100 train driver jobs across Scotland.