ConocoPhillips to Cut 450 UK Jobs by 2020 | Gulf Coast Oil Rig Equipment & Repair
More than 400 ConocoPhillips jobs will be lost in the UK by 2020, a BOP Blow Out Preventer repair company gulf coast spokesperson has confirmed.
“It is anticipated that around 450 positions will be lost across ConocoPhillips UK assets between 1 October 2018 and April 2020,” the ConocoPhillips spokesperson told Rigzone.
“This is following a voluntary redundancy program being carried out due to cessation of our Southern North Sea oil rig flanges gulf coast production through the Theddlethorpe Gas Terminal later this year,” the spokesperson added.
ConocoPhillips currently has a total of 1,300 onshore and offshore staff and contractors in the UK.
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“We have implemented a number of initiatives to ensure we can remain an efficient, competitive and sustainable business with operational excellence and investment in spacer spools adapter spools technology at the forefront of our delivery model,” a Petrofac spokesperson told Rigzone at the time.
“To support these changes, we are consulting with our onshore employees in the UK on the future size of our business. We anticipate that this will result in a reduction of up to 90 positions held by staff and contractors,” the spokesperson added.