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.
Offshore unions have claimed more than 3,500 UK workers "could be displaced by September" amid the oil price crisis and called for an urgent summit with Westminster politicians.
Worley is the latest energy firm to announce a number of job losses at its Aberdeen base as a result of the coronavirus pandemic.
The UK North Sea offshore industry can weather a raging storm in global oil markets, a leading expert said yesterday.
BP has promised its employees their jobs are safe over the next three months, while the oil major considers ways to cut costs with crude prices plunging.
A union has warned that “tens of thousands” of offshore jobs could be at risk as North Sea firms buckle under the pressure of the ongoing oil price “crisis”.
The price of crude oil plunged below $42 per barrel Friday, threatening thousands of Houston-area jobs if the price languishes there for several months, an economist says.
“Rejuvenated” UK subsea energy engineering firms are preparing for a recruitment drive expected to deliver a major jobs boost for the sector, a new survey says.
Oil and gas industry professionals have raised concerns about employers paying lip service to training and development opportunities in a new survey.
Potential for ‘thousands’ of jobs as Sir Ian Wood unveils plans for Aberdeen ‘Energy Transition Zone’
Sir Ian Wood has unveiled ambitious plans to help the north-east economy capitalise on the energy transition, potentially creating “thousands” of jobs in the process.
An offshore union has accused Oceaneering of using “aggressive” tactics to force Aberdeen workers to accept less favourable contracts.
Oil companies have a problem, and his name is Robert Paver.
A trade union has said the benefits from the boom in offshore wind have mainly passed the UK workforce and economy by.
More than two-fifths (43%) of manufacturing, utilities and oil firms are relying on “gut feel” to gauge their exposure to new off-payroll working rules, a poll shows.
Energy service firm DOF Subsea confirmed today that it expects to lay off a number of employees in Aberdeen and Bergen.
Odfjell Drilling will take on more than 200 employees to support the growth of its Norwegian North Sea business.
Nearly half of oil and gas professionals are worried about an "impending talent emergency", a new employment trends poll shows.
A forecast for Scottish economic growth recently issued by EY indicates that onshore upstream employment in Aberdeen is expected to fall 0.3% by 2021. Interestingly, the same report details that there is likely to be an increase in the number of jobs in the wider oil and gas sector in the coming years, including roles associated with technology, administration and communication. It is clear that O&G jobs are not going to disappear overnight, yet, all the same, this change is likely to have an impact on the individuals working within the industry.
A north-east oil and gas careers advice event is to take place next month.
Energy companies in Houston and elsewhere have ramped up hiring as oil prices hover at their highest levels since 2014, according to LinkedIn's monthly workforce report.
Aberdeen’s workforce has officially “bounced back” to near-record levels after plummeting during the oil and gas crash.
Falling unemployment in the north-east and a “buoyant” job market in the north have put a shine on disappointing figures for the number of Scots in and out of work.
The rise of robots could lead to thousands of jobs being lost in Aberdeen over the next 12 years – but a new study has said that the city is better placed than others to cope.
The Texas oil industry's attempt to do more with less may have left the state's oil and gas workforce permanently smaller.
Aberdeen will feel the effects of the oil sector downturn for years to come, with another 5,500 energy sector jobs expected to be lost by 2027, a new report says.