Media: BP to axe hundreds of North Sea jobs

One of the world's biggest energy companies, British BP, will explain to employees at a meeting in Aberdeen how the company's cost reductions in the North Sea will impact things going forward

Cost reductions in the energy sector have now also reached BP's projects in the North Sea. Financial Times reports that the British energy company is meeting with employees in Scottish oil hub Aberdeen to explain how the cost reductions will impact production and investments.

According to the newspaper, it is expected that the several hundred of the company's 3,500 employees will lose their jobs.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
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

Price of Maersk's new methanol ships drops

Maersk has just ordered six new methanol-powered container ships and now reveals that the added cost of building green ships compared to conventional ones is decreasing. Economies of scale, says equity analyst.

Esvagt pursues Taiwanese offshore wind

The Danish offshore service operator has located a possible partner on the island as a part of high hopes for the local offshore wind market. If successful, Esvagt could be ready to service wind at sea in the far east in a few years.

Further reading

Related articles

Latest news

See all jobs