29/07/2015at 11:01

Another day, another 10,000 oil jobs axed

The slowdown in the offshore sector continues to hit employees across the globe. Chevron and oil service company Saipem announce new cost reduction measures that will see a combined 10,000 oil jobs axed.

by DANIEL LOGAN

ROME

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Another day, another 10,000 oil jobs axed

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Related articles:

Nordea: Oil price may be headed back down below 50

Statoil looking to trim costs further

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Front page now

Spot rates out of Shanghai are back to downward trajectory

EU shipowners want to tighten demands for fuel suppliers

Hafnia rewards management with new share options

Japan shipper seeks government support for Russia insurance risk

Taiwan risk makes carriers look for alternatives to Chinese yards and banks

Hackers have gained access to customer data from Maersk

Further reading

Hackers have gained access to customer data from Maersk

Taiwan risk makes carriers look for alternatives to Chinese yards and banks

Commercial officer leaves Maersk Tankers

Jobs