Recruiter
Figures from trade body Oil & Gas UK suggest that the number of wells drilled in the North Sea could be a third of last years total of 109. The body blames the combination of decrease oil prices and increases in tax.
James Beazle, director of energy recruiter Six Recruitment, told Recruiter: As prices drop this is going to happen. Because of the oil price in the last two years there had been a frenzy in hiring and now there has to be an element of looking at whether they are needed, adding some of the cuts were part of a normal review taken by the companies at this time of the year.
A leaked email posted on protest site www.royaldutchshellplc.com said the company was going to ruthlessly review third party costs, as it prepared for the coming year.
Beazle said: We knew this was coming, its no surprise. Within the sector there are a lot of companies looking to strip costs at the moment and theres been figures of 10 or 20%, that will mainly come from contract staff.
The email also stated there would be no increase in contractor staff rates and a review necessity of contract staff as contracts expire.
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