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Job losses#

Americas

Transocean to lay off more offshore rig workers

Transocean Deepwater plans to lay off as many as 110 workers after the Houston offshore driller could not secure a new contract for one of its drillships amid low oil prices.

Oil & Gas

Most US oil job losses in pandemic to remain

Almost three-quarters of the pandemic-driven jobs losses in the U.S. petroleum and chemical sectors may not come back before the end of next year, according to Deloitte LLP.

North Sea

Oil workers must heed IR35 rules when setting up own businesses

The oil and gas downturn of approximately five years ago where the price of a barrel of oil dropped to less than $30 led to thousands of employees in the sector being made redundant.  Those who wished to remain in the sector had to be patient before ultimately securing further employment.

Opinion

Covid-19: a turning point for UK jobs

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.