Internal restructuring
United Kingdom
Scotland; Highlands and Islands; Shetland Islands
Location of affected unit(s)
Manufacture Of Coke And Refined Petroleum Products
Manufacture Of Coke And Refined Petroleum Products
19.2 - Manufacture of refined petroleum products

90 jobs
Number of planned job losses
Job loss
Announcement Date
7 October 2015
Employment effect (start)
Foreseen end date


Oil company Wood Group has announced plans to cut 90 jobs from its workforce at the Sullom Voe oil terminal on Shetland. The move comes after a sharp fall in the price of oil. Wood Group has confirmed that it has entered into consultation on 90 of its 250 jobs. Other companies operating at Sullom Voe have also announced plans to shed jobs. Oil which was previously processed at the terminal is now being processed in Rotterdam, though a long term solution has not been decided. The time frame for the job losses is not being reported but it is expected that the jobs will go before the winter when the terminal's processing capacity falls in any case.


  • 7 October 2015: Shetland News


Eurofound (2015), Wood Group, Internal restructuring in United Kingdom, factsheet number 85160, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85160.