Royal Dutch Shell Plc  .com Rotating Header Image

Shell wields Aberdeen jobs axe

upstreamonline.com Shell logo image

upstreamonline.com: Shell wields Aberdeen jobs axe
News wires

Anglo-Dutch supermajor Shell has confirmed it is to cut 180 jobs in Aberdeen and review practices regarding contractors, as it reviews its North Sea business.

In a statement, Shell said the cuts in office-based positions, representing 7% of its workforce in the Scottish city, were needed to keep its UK operations competitive in the face of rapidly rising industry costs.

Major players, such as Shell, BP and ExxonMobil have been selling assets and shedding jobs in the North Sea to focus on areas with greater exploration potential.

Last October, BP said it planned to cut its onshore North Sea workforce by almost 20%, a loss of 350 jobs.

BP and Shell are sensitive to the accusation they are gradually exiting the North Sea which helped them retain their position as major players when they lost key assets in the Middle East in the 1960s and 1970s.

Despite the field sales and job cuts, the companies constantly assert their commitment to the area.

A spokeswoman denied Shell was scaling back its operations in the North Sea but declined to disclose whether investment in the mature oil province was rising or falling.

The supermajor said it was committed to minimising compulsory redundancies but did not rule these out.

23 April 2008 11:09 GMT  | last updated: 23 April 2008 12:13 GMT

http://www.upstreamonline.com/live/article152899.ece

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “Shell wields Aberdeen jobs axe”

Leave a Comment

%d bloggers like this: