Job losses expected as Halliburton looks to offload Pipeline and Process Services
More than a dozen job losses are expected to hit the workforce of a Halliburton company in the north-east.
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Npower restructuring to cost thousands of jobs
Energy giant Npower has announced plans to restructure its UK business, leading to the loss of up to 4,500 jobs and the closure of a number of call centres.
Npower restructuring could see thousands of jobs shed
Energy giant Npower has announced plans to restructure its UK business, which union sources fear will lead to the loss of up to 4,500 jobs and the closure of a number of call centres.
Opinion – I hope Aker Solutions knows what it is doing
“We attract the best employees and help them learn, grow and realise their dreams through mentoring and other career development assistance,” Aker Solutions says on its website.
E.On blames ‘extremely competitive’ market for hundreds of UK job cuts
Energy giant E.On has said it will axe between 500 and 600 jobs from its UK workforce.
Union calls on North Sea workers to share impact of oil downturn
A national union group is calling for north-east workers to give their opinion on how the economy has affected them.
Siemens to cut 2,700 jobs at energy unit due for listing
Siemens AG said it will cut 2,700 jobs at its power and gas division, part of a sweeping overhaul announced last month to spin off the embattled business.
Repsol Sinopec to cut North Sea contractor roles
Oil firm Repsol Sinopec Resources UK (RSRUK) has confirmed that it will reduce the number of contractors employed on its North Sea platforms.
Centrica chief pockets £2.42m
The chief executive of British Gas owner Centrica pocketed a £2.4 million pay packet last year, despite the firm losing hundreds of thousands of customers as it embarked on a major jobs cull.
Jobs under threat at DOF Subsea in Aberdeen, Bergen
Energy service firm DOF Subsea confirmed today that it expects to lay off a number of employees in Aberdeen and Bergen.
Redundancy threatened ConocoPhillips employees start learning their fate
US oil firm ConocoPhillips said yesterday that it had started telling Aberdeen employees whether they faced redundancy.
Debt charity expects increased requirement following North Sea job cuts
A charity specialising in supporting people with hidden debt expects extra need for its services following a spate of North Sea job cuts.
Updated: ConocoPhillips to axe 450 workers in UK
Energy giant ConocoPhillips said yesterday that it would lay off about 450 workers across the UK, dealing a blow to hopes for a North Sea recovery.
Updated: Wood Group has axed 170 jobs in Houston
Oil services firm Wood Group has axed around 170 jobs in Houston, Texas.
DOF Group returns to profit in 2016, reduces headcount by 742
DOF Group laid off 742 employees last year as part of cost-cutting measures introduced to help the Norwegian vessel owner offset a drop off in demand.
Sabre Safety goes into administration as profits half during oil downturn
Dozens of jobs have been lost after a Scottish oil and gas safety specialist went into administration due to the Brent crude price plunge.
Ship owner Olympic to sack 80 staff in company restructuring
Norwegian vessel owner Olympic Shipping has said it will lay off about 80 employees as part of its refinancing plans.
Consultations start for Montrose redundancies at GE Oil & Gas
GE Oil & Gas has started formal consultations into its proposal to make what are understood to be 32 redundancies at its Montrose sites.
Airbus cuts almost 600 helicopter jobs as crash, oil clip demand
Airbus Group SE announced the first of what may prove to be thousands of job cuts across its business, saying it will eliminate 582 posts at its helicopter arm following a slump in demand from the oil and gas industry and a fatal crash that grounded one of its most popular models.
National Oilwell Varco to cut more Houston jobs
National Oilwell Varco (NOV) has confirmed it will cut more Houston jobs as it switches locations.
Shell depriving ex-workers of tax breaks on redundancy pay – report
Shell will scoop up the tax breaks on redundancy payments that had been available to departing workers, a news report said yesterday. So-called foreign service relief allows UK workers who have spent parts of their careers abroad to reclaim some of the tax due on severance pay, but Shell has moved to claim the money instead, Reuters reported. According to the report, which cites internal documents from Shell, the company introduced the policy on April 1.
Subsea 7 to cut headcount by a further 1,200, 430 jobs at risk in UK
Subsea 7 is to cut its global workforce by another 1,200 and has confirmed up 430 jobs will go in the UK as part of the company’s global resizing and cost reduction measures.
UK oil and gas job losses reach 120,000
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.
Amec Foster Wheeler in consultation with staff over job cuts
Engineering services group Amec Foster Wheeler has entered into consultation with employees in its Great Yarmouth offshore services facility with up to 100 jobs potentially at risk.
No Apache merger – but 37 North Sea job cuts confirmed
Two energy giants have distanced themselves from rumours of another $17billion mega-merger as the low oil price environment creates a febrile environment for takeover speculation.