Subsea 7 to cut 3,000 jobs in the next year
Energy service firm Subsea 7 said today that it intends to lay off 3,000 workers over the next year.
Job losses#
Contracting firms poised to lay off furloughed workers, union boss says
A union boss has claimed a “host” of North Sea contracting firms are poised to lay off furloughed workers as the cost of maintaining the scheme mounts.
Ex-oil worker hopes novel approach to finding employment will pay off
When Laura Ripley was suddenly made redundant from her job in the oil and gas industry, she took matters into her own hands.
2,600 jobs to go after OVO buys SSE Energy Services
More than 2,000 employees of energy supplier SSE are set to lose their jobs as new owner Ovo announced sweeping redundancies across its business.
Oil workers urged to put politicians on the spot with campaign to save jobs
A trade union today launched a major campaign to save tens of thousands of oil and gas sector jobs.
Redundancy for ad hoc caterers as work dries up offshore
Catering firm Entier is making "ad hoc" offshore staff members redundant due to a “significant reduction” in demand for its services on oil rigs.
Bilfinger UK confirms more than 150 furloughed workers face redundancy
More than 150 workers at Bilfinger UK could face the axe as the company confirmed it has begun redundancy consultation for staff currently on the Covid-19 furlough scheme.
Offshore survival training firm to cut UK workforce by more than a third
Offshore safety training provider RelyOn Nutec could cuts its UK headcount by more than a third due to a drop in demand.
Watch: Boris Johnson says UK Government ‘actively engaged’ on oil and gas sector deal
Boris Johnson has “assured” MPs that the UK Government is working on a sector deal for the crisis-hit oil and gas industry.
Maersk Supply Service to reduce onshore workforce
Maersk Supply Service (MSS) will reduce its onshore workforce in response to "negative developments" in the oil and gas sector, the firm has announced.
TechnipFMC blames ‘volatile’ market as UK jobs expected to follow Norway cull
Oilfield services firm TechnipFMC is understood to be following up hundreds of job losses across its sites in Norway with scores of UK redundancies.
Consult before swinging the axe
We’ve endured downturns many times before but the rapid spread of Covid-19, the resulting restrictions on working offshore and drastic fall in oil price has meant that the UKCS has never before faced challenges like this.
EnQuest to axe hundreds of UK roles
The struggling UK oil and gas sector was dealt another blow on Tuesday as EnQuest confirmed it expected to cut 530 positions.
Archer finances ‘robust’ after completing debt refinancing
Drilling contractor Archer has said a newly-completed debt refinancing will help it withstand a “meaningful drop in activity”.
Updated: Baker Hughes posts £13bn loss as price rout, Covid-19 bite hard
Energy services firm Baker Hughes sank deep into the red during the first quarter as the oil price rout and Covid-19 pandemic took their toll.
Planning for the upturn is crucial for oil firms, PwC says
A professional services giant will warn the oil industry that sweeping redundancies could ruin companies’ chances of cashing in when market conditions start to recover.
Spirit Energy plots redundancies and cost cuts to combat ‘extraordinary industry challenges’
Spirit Energy is to look at staff redundancies and cost cutting measures in an attempt to stem the tide of “extraordinary industry challenges” currently facing the oil and gas sector.
Archer crew made redundant as Apache scales back drilling operations
Drilling contractor Archer is understood to have laid off another 60 offshore workers following a client’s decision to cut activity levels.
Fears for 200 jobs as KCA workers face redundancy
Around 200 oil workers are to be laid off – and staff are furious they are not being furloughed.
MPs claim oil industry faces redundancies without assistance
The UK could “sleepwalk” into “mass redundancies” in the oil and gas industry unless Chancellor Rishi Sunak takes urgent action, MPs have warned.
Valaris could make up to 600 workers redundant as rig contacts dry up
Drilling firm Valaris has informed staff it could make hundreds of redundancies as rig contracts have dried up due to the recent slump in oil prices.
Layoffs, furloughing & redundancies: Advice for energy employers facing tough workforce decisions
With offshore companies in the North Sea already reporting substantial cutbacks in staffing, employers should carefully consider all of their options for contractual and temporary solutions to see them through the crisis, as employment solicitor Paida Dube explains.
‘They’ve got to put food on the table’ – concern offshore workers could flout coronavirus advice
A union boss has stepped up calls for a support package for offshore workers amid concerns some may flout coronavirus advice in order to provide for their families.
Workforce to be reduced by ‘more than half’ at EDF Hinkley nuclear plant
The workforce constructing the new Hinkley nuclear power station is to be reduced by more than half to around 2,000 because of the coronavirus pandemic.
Premier Oil to ‘increase UK workforce elsewhere’ as Huntington FPSO prepares for June sail-away
Premier Oil will be “increasing its workforce” in other UK projects as the vessel which produces through its Huntington field prepares to sail off in summer.