Shell plans to cut 330 jobs from UK team

Shell has announced plans to cut 330 jobs in the North Sea after the coronavirus pandemic.

In September, the oil giant announced plans to cut between 7,000 and 9,000 jobs globally in response to a collapse in oil demand during the Covid-19 pandemic.

The UK upstream side of the business will be hit by this latest round of cuts. Around 1,330 jobs will be reduced to around 1,000 over the next two years.

Most of the losses are expected to occur in offices in Aberdeen. However, many of the threatened roles relate to older platforms – like Brent Charlie, slated to be decommissioned in the next few years – and the end of investment projects.

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Frontline operations on North Sea platforms and gas facilities will remain largely unaffected and Shell remains committed to investing in the region.

A Shell spokesperson said: “We are currently conducting and conducting a strategic review of the organization to ensure that we are successful and a simpler organization throughout the energy transition.

“As already mentioned last year, due to the expected increase in efficiency, we will cut between 7,000 and 9,000 jobs worldwide by the end of 2022.

“We are on the right track with this process.”

Last year Shell announced it was embarking on a $ 2.5 billion per year cost reduction plan to address falling fossil fuel prices.

The total downsizing includes around 1,500 voluntary layoffs and will be completed by the end of 2022.

Additional reporting by PA

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