Advertisement
UK markets closed
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     
  • AIM

    789.87
    +6.17 (+0.79%)
     
  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    48,672.40
    -1,551.02 (-3.09%)
     
  • CMC Crypto 200

    1,260.80
    -97.21 (-7.16%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     

Chevron to cut about 225 jobs in North Sea oil operations

LONDON, July 16 (Reuters) - Chevron will cut about 225 jobs in its North Sea oil operations in Aberdeen, Scotland following a review of its business, the company said on Wednesday.

The jobs reduction will include contractors, employees, and expatriates, it said in a statement to Reuters.

Chevron said it will continue to focus on its flagship projects in the North Sea, including the Rosebank and Enochdu oil fields and the Alder oil and gas field.

"Chevron Upstream Europe (CUE) is reorganizing its business unit in Aberdeen... As a result of the review, CUE expects reductions of approximately 225 positions," it said.

(Reporting by Ron Bousso; editing by Keiron Henderson)