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jobs

Oil & Gas

Chevron makes job cuts in Australia

Oil major Chevron is making headcount reduction from its staff in Australia as it looks to streamline costs across the globe. The company previously announced it would be cutting between 6,000 and 7,000 jobs around the world as it looks to combat low oil prices.

Other News

TGS to reduce headcount by 130

Seismic specialist TGS said it will be reducing its global headcount by up to 130 jobs. The Norwegian company said the move has been made in a bid to improve efficiency and competitiveness during challenging market conditions.

Other News

Noble Energy makes further job losses from its US operations

Noble Energy is set to reduce its headcount by around 180 positions as it looks to downsize its workforce during the oil price decline. The company said the job losses – which include 60 in Texas – will be from their Houston headquarters as well as the Permian Basin and Eagle Ford area.

Other News

Chevron to make redundancies in neutral zone between Kuwait and Saudi Arabia

Oil major Chevron is said to be considering whether to make 1,000 staff members who work in the neutral zone between Saudi Arabia and Kuwait redundant. According to the Wall Street Journal, a dispute between the countries has halted all work on oil fields for several months. The company has already reduced the number of petroleum-development rigs in the neutral zone.

Oil & Gas

Chevron reduces 2016 budget, plans to reduce headcount by 10%

Oil major Chevron said it had reduced its 2016 budget by 25% as well as laying off around 10% of its workforce. The company said it plans to spend between $25billion to $28billion next year. It will also reduce its spending in 2017 and 2018, an acknowledgement that oil prices are not expected to rise drastically in the next few years.

Oil & Gas

Husky Energy considers selling assets after cutting jobs

Husky Energy Inc. plans to keep cutting jobs after eliminating 1,400 positions, the most disclosed by a Canadian energy company in the oil-price slump. Job cuts have represented 80 percent contractors and 20 percent employees and will continue, Husky said in a statement Friday, reporting its biggest-ever quarterly loss. The Canadian producer and refiner controlled by Hong Kong billionaire Li Ka- Shing also outlined plans to pay its dividend in stock, consider asset sales and extend a companywide salary freeze started at the end of 2014. The shares fell 5.5 percent to C$19.16 at 9:36 a.m. in Toronto.

Other News

Thousands more steel jobs could be at risk, government warns

Thousands more steel jobs could be lost if action is not taken to tackle the threats facing the industry’s “vulnerable” supply chain, the Government is being warned. The International Steel Trade Association (Ista) said scores of medium sized firms were at risk if the crisis gripping the industry escalates. Thousands of job losses have been announced in recent weeks by Tata Steel and SSI in Redcar, Scunthorpe and Scotland, with cheap imports and high energy costs being blamed.

Other News

Tata Steel to cut 1,200 jobs in UK

Fears about fresh job losses in the steel industry have been confirmed after Tata announced plans to cut 1,200 posts. Around 900 jobs will be cut from the firm’s giant plant in Scunthorpe, with 270 in Scotland and a small number in other sites. The firm said the cuts were in response to a shift in market conditions caused by a “flood” of cheap imports, particularly from China, a strong pound and high electricity prices.

Other News

Oil bosses warn of up to 10,000 more job losses in North Sea

Two of the North Sea’s biggest oil explorers have warned there could be a further 10,000 jobs losses in the oil and gas industry. Both Amjad Bseisu, chief executive of EnQuest, and Premier Oil’s chief executive Tony Durrant said the industry was making the expectation as the decline in oil price continues. Industry body Oil & Gas UK has reported up to 5,500 jobs have been affected in the last year.

Renewables/Energy Transition

Solar power industry unveils plan to save thousands of jobs

Support for solar power which would add just £1 to bills by 2019 could save thousands of at-risk jobs and help the popular energy source become subsidy free, the industry has said. The Government has announced plans to cut subsidies for small-scale arrays of rooftop solar panels by 87%, which it says is necessary to stop renewables support costs spiralling out of control. But the Solar Trade Association (STA) has warned the move could cost up to 27,000 jobs, and waste public money already spent on supporting the technology.

Oil & Gas

Weatherford in consultation over headcount

Weatherford has launched a consultation with staff in its UK operations for up to 75 positions. The move comes after the company revealed earlier this year it would be making redundancies across the globe as it looks to streamline costs. The redundancies will affect staff in its North Sea operations and staff have been informed of the move.

Oil & Gas

Schlumberger to reduce its headcount further

Schlumberger is set to reduce its headcount further as it looks to streamline its costs amid a continued low oil price. The company said it would also be consolidating its manufacturing and distribution network as it does not expect a recovery in demand before 2017. Chief executive Paal Kibsgaard said the timing of a recovery in the oil price and an increase in oilfield services activity in combination with a more conservative spending outlook from customers has led to further action.

Other News

SNP claim Labour ‘sat on their hands’ over oil jobs

Callum McCaig has branded the Labour Party “shameful” amid claims the SNP failed to act to protect North Sea oil and gas jobs. The Aberdeen South MP told a packed conference hall he would have “appreciated some help” from other MPs in his efforts to protect the “vital industry”. Mr McCaig was responding to comments from Kezia Dugdale reported in Energy Voice's sister publication the Press and Journal.

Oil & Gas

Aker Solutions reduces North Sea headcount by 70

Aker Solutions has confirmed it is set to axe up to 70 North Sea jobs. The Norwegian firm said the move, announced to staff at its Dyce offices this morning, was part of a wider cost cutting programme announced last month. Overall the company said it would cut 500 jobs across operations in Norway and 400 roles outside of the country.

Oil & Gas

Lockheed Martin makes redundancies from Aberdeen base

An energy firm has cut jobs at its Aberdeen base. Lockheed Martin confirmed 27 posts have been made redundant. The US-led firm acquired its city base as part of a deal to take over Amor Group two years ago. A company spokesman said “the majority” of the 27 job losses were in the Aberdeen office.

Renewables/Energy Transition

Trade body warns solar jobs could be at risk

Over 100 jobs could be at risk in Aberdeen due to proposed cuts to the feed-in tariff for solar energy projects, a trade body has warned. The Solar Trade Association warned the jobs of up to 27,000 people employed in the solar energy sector and its supply chain are under threat around the UK, with as many as 2,400 of the 3,000 solar jobs in Scotland at risk. The Department of Energy and Climate Change (Decc) proposed at the end of August to cut the tariff paid for electricity generated by solar rooftop panels by 87% - from 12.4p to 1.6p.