The future of the energy industry landscape has long been up for debate, and the effect of COVID-19, combined with the dramatic global oil price crash and its detrimental impact, has brought this to an unparalleled level.
Hundreds of jobs at Dounreay have been safeguarded following the Nuclear Decommissioning Authority’s (NDA) announcement it will take over the Caithness plant.
US oilfield equipment firm Dril-Quip could be poised to make scores of Aberdeen staff members redundant in response to the crude price slump and Covid-19 pandemic.
The Society for Underwater Technology (SUT) will offer free membership to help energy professionals hit by the latest industry downcycle.
It has been another eventful couple of weeks in the global energy sector. The COVID-19 situation continues to create havoc across the world, as countries deal with the fall-out of the health crisis and associated economic impact.
Economy Secretary Fiona Hyslop has hinted that an oil and gas “transition training fund” will be relaunched to help offshore workers who have lost their jobs during the pandemic.
North Sea helicopter operator CHC is poised to lay off more than 20 employees in Aberdeen amid the crude price slump and Covid-19 pandemic.
Global energy services firm Van Oord has announced it will cut hundreds of jobs due to the "major impact" of the coronavirus pandemic.
Oil firm EnQuest will shrink further after deciding to call time on a group of fields in the northern North Sea.
Energy service firm Subsea 7 said today that it intends to lay off 3,000 workers over the next year.
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.
When Laura Ripley was suddenly made redundant from her job in the oil and gas industry, she took matters into her own hands.
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.
A trade union today launched a major campaign to save tens of thousands of oil and gas sector jobs.
Catering firm Entier is making "ad hoc" offshore staff members redundant due to a “significant reduction” in demand for its services on oil rigs.
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 safety training provider RelyOn Nutec could cuts its UK headcount by more than a third due to a drop in demand.
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 (MSS) will reduce its onshore workforce in response to "negative developments" in the oil and gas sector, the firm has announced.
Oilfield services firm TechnipFMC is understood to be following up hundreds of job losses across its sites in Norway with scores of UK redundancies.
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.
The struggling UK oil and gas sector was dealt another blow on Tuesday as EnQuest confirmed it expected to cut 530 positions.
Drilling contractor Archer has said a newly-completed debt refinancing will help it withstand a “meaningful drop in activity”.
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.
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.