With the tapering of the Government’s Coronavirus Job Retention Scheme (CJRS) now in full swing, it is crucial for businesses to keep a close eye on headcount.
Aberdeen-headquartered energy services firm Wood has confirmed it will make more onshore redundancies as a result of reduced contracting and further project deferrals.
Aberdeen-based oil and gas support vessel operator North Star Shipping has told crews it plans to make around 100 people redundant.
Oil and gas firms are “grappling” between putting workers on the government’s coronavirus furlough scheme or going straight to redundancies, according to experts.
The Coronavirus Job Retention Scheme (the "Scheme") was announced on 20 March 2020 and opened to applications on 20 April 2020. By 23 April 2020 it had received 512,000 claims in respect of 3.8 million furloughed employees. However, a great deal of uncertainty remains around the application of the Scheme to businesses in the oil and gas sector.
North Sea operator Ithaca Energy intends to make redundancies from its onshore workforce by the end of 2020, its chief executive has confirmed.
Spirit Energy is to look at staff redundancies and cost cutting measures in an attempt to stem the tide of “extraordinary industry challenges” currently facing the oil and gas sector.
Drilling firm Valaris has informed staff it could make hundreds of redundancies as rig contracts have dried up due to the recent slump in oil prices.
‘Disgust’ as Bilfinger Salamis terminates workers without option for government’s coronavirus support scheme
Workers have said they have been “hung out to dry” and “abandoned” by Bilfinger Salamis after their jobs were cut without the option to use the government’s coronavirus support scheme.
Premier Oil will be “increasing its workforce” in other UK projects as the vessel which produces through its Huntington field prepares to sail off in summer.
Engineering firm Pryme Group has confirmed it has started a redundancy process at its base in Newcastle following “continued losses”.
Up to 120 workers at an engineering company are facing redundancy amid “extremely challenging market conditions”.
A former oil and gas worker has built up a successful new business after finding himself out of work two years ago.
Oil major Shell has cut 225 positions from its operations in Norway following its takeover of BG Group.
Dolphin Drilling will cut more than 150 jobs in a fresh round of redundancies, the company has confirmed.
TAQA today announced the man in charge of the company's restructuring project, Saeed Hamad Al Dhaheri, is to become acting chief operating officer.
Statoil is remaining tight-lipped about how many people have applied for voluntary redundancy with the company. Last year the Norwegian operator revealed it had offered the packages to its Norwegian staff.
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.
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.