Internal restructuring
United Kingdom
Scotland; North Eastern Scotland; Aberdeen City
Location of affected unit(s)
Mining / Quarrying
Mining And Quarrying
Extraction Of Crude Petroleum And Natural Gas
06 - Extraction of crude petroleum and natural gas

100 jobs
Number of planned job losses
Job loss
Announcement Date
26 March 2015
Employment effect (start)
Foreseen end date


Oil company Taqa has announced plans to cut 100 jobs from its North Sea operations. The company is based in Aberdeen, centre of the UK's oil industry, and currently has a workforce of 550. A consultation process has begun to determine where the cuts will be made, but it is understood that the company are looking to cut onshore positions. A spokesperson for the company confirmed that the process would take several weeks. The oil industry has been suffering the effects of declining prices for its product and Taqa have suggested that the cuts are required in order to maintain the sustainability of the business. Taqa's response has been mirrored by competitors who have also announced job cuts.


  • 26 March 2015: Daily Record


Eurofound (2015), Taqa, Internal restructuring in United Kingdom, factsheet number 79201, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/79201.