Oil Giant Shell to Cut 90 Jobs at North Sea Headquarters

Graphic for News Item: Oil Giant Shell to Cut 90 Jobs at North Sea Headquarters

Oil giant Shell plans to cut 90 jobs at its Scottish headquarters in Aberdeen.

Shell told staff on Thursday that the positions are expected to go by the end of 2017.

The firm said the move is not connected to plans to sell off £3bn of assets to North Sea rival Chrysaor.

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Shell is also cutting 380 jobs in Glasgow with the closure of its offices in the city.

Steve Phimister, UK vice president for upstream operations, said: “We intend to reduce the size of the organisation by approximately 90 onshore positions by the end of 2017.

“Offshore roles will not be impacted by this decision.

“Our aim is to ensure our organisation is appropriate to support our drive to become the most competitive and resilient oil and gas business in the UK Continental Shelf.

“We are committed to the UK North Sea and see considerable future value and opportunity; we remain a significant employer, and aim to continue to invest significantly in the North Sea in the coming years.”

Shell will pocket an initial £2.3bn from its deal with Chrysaor and could earn millions from future oil discoveries made by the smaller firm.

Source: stv.tv

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