BP cuts jobs

The dramatic fall in oil price over the past quarter has led our customers decrease exploration and production activity worldwide oil giant BP will to announce job cuts at the company is northern sea operation today in the latest sign that the falling oil price is hitting the British petroleum industry. The company is expected to brief employees in Aberdeen today about the job losses. BP, employees 4,000 people in the North Sea and 11,000 more around the UK.



Businessman sir. Ian wood said that up to 15,000 jobs could be lost in the north sea as a result of fuel prices Schlumberger, the world’s largest oil and gas service group, confirmed that north sea jobs would be lost as part of its plans to cut 9,000 post international. The move followed 3,000 job cuts announced by BP, with unions fearing more firms will follow suit in the coming weeks.