More than 4,500 “heartbreaking” North Sea job losses have already taken place in the wake of the Covid-19 outbreak and oil price rout, it is understood.
Offshore Coordinating Group (OCG)
There remains “doubt and questioning” around the UK Government’s quarantine exemption for offshore workers and the potential spread of Covid-19, according to a union boss.
An oil industry representative body has announced the formation of a North Sea recovery taskforce as “hard decisions” start to bear down over thousands of redundancies in the sector.
Drilling firm Valaris has set out plans to cut up to 332 jobs across its offshore rig fleet as contracts are cancelled amid the Covid-19 pandemic.
Up to 30,000 oil jobs are predicted to go, along with billions of pounds in investment, due to Covid-19 and a 20-year low in oil prices.
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.