Danish company to reduce workforce by 12% globally, with UK jobs losses linked to closure of North Sea Janice oil platform
The oil and gas company Maersk Oil has confirmed it is to cut about 220 jobs in the UK. The Danish operator said it was reducing its workforce by between 10% and 12% globally as part of a drive to cut operating costs by 20% by the end of 2016.
The UK jobs are linked to the retirement of the North Sea Janice oil installation and changes to offshore rotations. Maersk Oil said the move followed an “extensive internal review of business activities and continued low oil prices”.
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