Media report Shell to dismiss over 300 in North Sea

As part of enormous cost cuts, the British-Dutch supermajor plans to lay off 330 employees in the UK.

Photo: Annika Byrde

It is well known that Shell plans to lay off more than 9,000 staff globally, as the oil supermajor itself announced back in September. The company has been otherwise quiet about the potential impact on its remaining North Sea business, however. Until now.

Tuesday, a number of British media, including the BBC and Energy Voice, report that Shell intends to dismiss 330 of its UK employees within the oil and gas business. The majority of these reportedly work in the Aberdeen division.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Employee at Bunker Holding subsidiary charged for alleged corruption

A trader at KPI Oceanconnect, a subsidiary of Bunker Holding, has been charged with alleged corruption totaling at least USD 191,250 as rewards for nominating Straits for the supply of bunker fuel to KPI's customers. The employee has been suspended and his contract terminated, the company informs ShippingWatch.

Freight rates for furniture eat up almost entire profit

The price of shipping a 40-foot container with assembled furniture from Asia to the US West Coast is currently so high that freight rates make up almost 100 percent of the furniture's retail value, according to Sea-Intelligence.

Wallem Group appoints new CEO

Wallem Group appoints interim CEO since January 2021 as the new chief executive officer of the ship management company.

Further reading

Related articles

Trial banner

Latest news

See all jobs