Offshore

British oil sector stands to lose 30,000 jobs

The great oil price decline will severely affect the British oil and gas sector, in which up to 30,000 may lose their jobs, according to trade association.
Photo: Russell Cheyne/Reuters/Ritzau Scanpix
Photo: Russell Cheyne/Reuters/Ritzau Scanpix
by SØREN PICO

Up to 30,000 people could lose their jobs in the British oil and gas sector as a result of the coronavirus and the massive drop in oil prices seen recently.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs