BP to axe jobs in Houston

BP, oil major with headquarters in the UK, is reportedly planning to axe hundreds of jobs in Houston as part of its round of layoffs announced earlier this year.

Houston Business Journal reported, citing a letter the company sent to the Texas Workforce Commission, that BP would cut at least 500 jobs in Harris County this year with many of the cuts to occur in early June at three locations in Houston.

The business journal also informed that these cuts were part of a round announced by the oil major in January this year.

Offshore Energy Today reached out to BP seeking confirmation of these reports.

In an e-mail to Offshore Energy Today, BP’s spokesperson confirmed that Houston job cuts were part of BP’s previously announced global plan to reduce its workforce in the Upstream segment by 4,000 positions.

As a response to a prolonged low oil price environment, many oil companies were forced to reduce costs by, among other things, reducing its workforce and BP, like many of its peers, was no exception.

The spokesperson added: “But this is what is required to adapt to the protracted low oil price environment, and BP is taking the steps necessary to reduce costs and ensure we are structured to compete as efficiently as possible.”


 

The article has been updated to include a statement by BP

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply