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.
BP will make 7,500 of its planned global job cuts compulsory after roughly 2,500 workers applied for voluntary redundancy, according to a news report.
Schlumberger has completed its plan to cut 21,000 jobs in response to the oil downturn, according to its latest accounts.
The CEO of BP has denied claims that linking job cuts to the energy transition is "greenwashing with a new brush".
A union official has said news of Shell planning thousands of job cuts globally puts the North Sea’s green recovery “in sharp focus”.
An Aberdeen MP has said uncertainty from Shell is "deeply regrettable" as it plans up to 9,000 job cuts.
Shell has announced plans for between 7,000 – 9,000 job cuts from its global workforce by the end of 2022.
Schlumberger, the world’s largest oilfield services company, agreed to sell its US fracking business to a smaller rival following a collapse in demand.
Equinor is making job cuts in the UK, Canada and US in response to the oil downturn, with its Aberdeen workforce included in the process.
Repsol Sinopec Resources UK (RSRUK) has decided to stop production on its Tartan Alpha installation after nearly 40 years, putting some jobs at risk.
Petrofac has set new targets to reduce its emissions and increase the percentage of women in its senior roles within the decade.
TechnipFMC has recorded pre-tax losses of £2.4bn for the first half of 2020 thanks to heavy write-downs of its oil and gas assets.
Subsea 7 sank to losses of £751million in the first half of the year as it restructures the business with thousands of job cuts.
Fugro is aiming to save nearly £110m (EUR120m) per year thanks to a 10% reduction in its workforce and other measures.
Former members of the Lloyds Register upstream consulting team say they are “building a better future” after the entire department was closed down.
More than 7,500 oil and gas workers have lost their jobs since the onset of the coronavirus crisis and tens of thousands more could go, industry leaders have warned.
EnQuest is not seeking to make compulsory redundancies for its “unionised” workforce at the Sullom Voe Terminal in Shetland, according to Unite.
TechnipFMC plans to cut around 60 jobs in Fife after the price of oil and gas plummeted.
Shell will announce a major restructuring by the end of the year, according to a news report, as the firm makes a shift for the energy transition.
One in four UK oil and gas sector employees could be cut in the event of a prolonged downturn, with north-east Scotland expected to “bear the brunt”, new analysis shows.
Private equity-backed operator Neptune Energy has announced proposals to cut 400 jobs globally, representing around a fifth of its workforce.
BP-scale job cuts of 15% worldwide is a “good ballpark” estimate for every oil major, according to consultancy Rystad Energy.
The North Sea energy industry is facing some of its “most difficult and most testing challenges” ever as it today marks 45 years since first oil was landed in the UK.
Engineering giant Worley has cut another 1,900 jobs globally in response to the Covid-19 crisis.
An Aberdeen MP has said the government “can’t continue to dither” on an oil and gas sector deal as industry leaders meet the UK energy minister later.