The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Mining / Quarrying 06 - Extraction of crude petroleum and natural gas 06 - Extraction of crude petroleum and natural gas 06 - Extraction of crude petroleum and natural gas
200 jobs Number of planned job losses
Announcement Date
29 October 2004
Employment effect (start)
Foreseen end date
Description
The two separately quoted arms of the oil company, Royal Dutch and Shell Transport & Trading, are to merge to form a single company that will have its headquarters in the Netherlands but have its primary listing in London. Shell declined to put a cost of the merger but said it would affect around 200 jobs in Britain.
Sources
29 October 2004: The Guardian
Citation
Eurofound (2004), Royal Dutch Shell, Merger/Acquisition in United Kingdom, factsheet number 60712, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60712.