BP to Cut 600 Jobs from North Sea Operations
January 15, 2016
Energy giant BP has said that it will cut close to 600 jobs from the workforce associated with its operations in the North Sea off the coast of Scotland.
According to the company, the decision has been taken in light of “toughening market conditions”, with the price of crude oil having plummeted around the world over the course of recent quarters.
Plans are now in place for BP’s North Sea workforce to see its numbers reduced from around 3,000 to roughly 2,400 over the course of the next two years.
“We are committed to the North Sea and see a long-term future for our business here,” said Mark Thomas, regional president for BP North Sea, in a statement.
“For example, in 2016, we are continuing to invest around $2bn of capital into North Sea projects and a further $2bn in running our North Sea operations.
“This will sustain many hundreds of jobs both in BP North Sea and our supply chain going forward.”
Thomas went on to say that BP needs to make its job cuts in the region in order to ensure that the company “remains competitive and robust”.
A majority of the 600 BP employees and agency contractors who are in line to lose their jobs are expected to leave their posts at some point during 2016.
“We are speaking to our staff and agency contractor management and will work with those affected over the coming months,” Thomas said.
Representatives of the Scottish and UK governments are set to meet to discuss the potential ramifications of the job losses in Scotland.
“The UK government will work with the Scottish government to ensure help is provided to those affected, including through the Job Centre Plus network,” said the UK government’s Scottish secretary David Mundell.
Scotland’s first minister Nicola Sturgeon said that she sees BP’s decision to shed jobs across its North Sea operations as a “crisis” for the individuals and the families affected but welcomed the company’s continued to commitment to working in Scottish waters.
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