News listings

energy-pedia general news

United Kingdom flagUnited Kingdom

Europe / Caspian / CIS >>> United Kingdom

UK: Oil giant ConocoPhillips to shed 450 jobs across UK by 2020


11 Apr 2018

Photo - see caption

Oil giant ConocoPhillips is to shed about 450 UK jobs by 2020. The company has 1,300 staff and contractors in the UK, more than half of whom - about 700 - are in Aberdeen. ConocoPhillips said it was too early to say how many jobs would be lost in Aberdeen or elsewhere.

The company said it followed a voluntary redundancy programme due to the cessation of Southern North Sea production through the Theddlethorpe Gas Terminal later this year. The job losses are expected between October this year and April 2020.

Meanwhile, Petrofac - another firm with an Aberdeen base - said up to 90 positions held by onshore staff and contractors were expected to go.

A spokesperson said: 'Final decisions will only be made after full consultation with employees and their representatives.'

Original article link

Source: ConocoPhillips





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Publicly Available Deals

See all deals...

Subscriber Only Deals

Current deals: 1645
Completed deals: 4875

Company Profiles

Current Company Profiles: 2565

Corporate Activity

Current Corporate Activity articles: 3046

Companies Looking

Current number of articles: 420

Company Sales

Current Company Sales articles:1225

Geostudies

Current Geostudies articles: 557

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

SLR Consulting logo
energy365
EP Consult Energies
RSK Logo 149
Bayphase
Government of South Australia
Rose & Assocs 149
OPC
Lynx Information Systems
Union Jack Oil 149
KL Publishing
count geophysics
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com