Type
Business expansion
Country
European Union
Region
Location of affected unit(s)
UK, Netherlands
Sector
Mining / Quarrying
Mining And Quarrying
Extraction Of Crude Petroleum And Natural Gas
06 - Extraction of crude petroleum and natural gas

1,000 jobs
Number of planned job creations
Job creation
Announcement Date
18 January 2005
Employment effect (start)
Foreseen end date

Description

Shell has announced plans to hire an extra 1000 engineers in its exploration and production arm. This follows a number of downward reclassifications of its reserves in the recent past. By expanding its exploration team Shell hopes to close the gap on rivals such as BP by finding new oil and gas reserves.


Sources

  • 19 January 2005: The Guardian

Citation

Eurofound (2005), Shell, Business expansion in European Union, factsheet number 61026, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61026.