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    PressTV: "UK’s North Sea Energy Sector Loses 5,500 Jobs"

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Summary

The UK's Oil and Gas Authority has said that 5,500 North Sea oil and gas sector workers have been made redundant since the oil price crisis began in late 2014

by: Erica Mills

Posted in:

Press Notes

PressTV: "UK’s North Sea Energy Sector Loses 5,500 Jobs"

Britain's North Sea oil and gas sector has shed some 5,500 jobs since late 2014 over a year-long decline in oil prices.

The UK's new Oil and Gas Authority (OGA) said Monday that the figure on job losses resulted from falling energy prices.

"Regrettably, this has led to the loss of around 5,500 jobs since late 2014," Andy Samuel, chief executive of the OGA, said in a report.

Read the full article HERE.