Redundancies News


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Over 1 Million OFS Job Cuts Likely in 2020
Thursday, March 26, 2020 More than one million jobs in the oilfield service industry are likely to be cut in 2020, according to Rystad Energy.

UE Manufacturing Cuts Staff Count by 50 Percent
Wednesday, March 25, 2020 The oilfield service company laid off 111 employees permanently.

Apache, FTS International Add to Oilpatch Layoffs
Tuesday, March 24, 2020 The wave of rapid cost-cutting and right-sizing in the oilpatch continues.

Tenaris Cutting 900+ Employees
Monday, March 23, 2020 Tenaris is cutting more than 900 employees in the United States due to the sharp decline in the price of oil.

Apache to Close San Antonio Office, Cut Hundreds of Jobs
Thursday, January 09, 2020 Apache Corp. is shuttering its San Antonio office, resulting in the layoffs of hundreds of employees.

Energy Transfer Lays Off 108 Oklahoma Workers
Monday, January 06, 2020 Energy Transfer LP has laid off 108 employees at its Tulsa, Oklahoma office, according to a notice sent to the Oklahoma Office of Workforce Development.

Roan Resources to Cut Almost 100 Jobs in OKC
Thursday, December 12, 2019 The Oklahoma City-based independent is laying off 92 employees amid its merger with Citizen Energy.

Halliburton Confirms More Layoffs in Oklahoma
Friday, December 06, 2019 Halliburton has confirmed job cuts in Duncan, Oklahoma, just days after closing a facility in El Reno, Oklahoma.

Halliburton Shutters Oklahoma Office, Cuts 800 Jobs
Tuesday, December 03, 2019 The Houston-based oilfield services giant will be closing its office in El Reno, Oklahoma and laying off more than 800 employees.

NOV, Pumpco Energy Services Cut Jobs in Texas
Monday, December 02, 2019 Two oilfield services companies have conducted layoffs in Texas, according to notices received by the Texas Workforce Commission.

Ex-Petrobras Trader Tells Judge Vitol Bribed Him
Monday, November 25, 2019 A former Petrobras oil trader told a Brazilian judge he received bribes from Vitol Group to favor the firm in contracts with the crude producer, court documents show.

Salaries Growing Faster in Texas Than NY
Tuesday, November 19, 2019 The New York city area may boast the largest share of personal income in the U.S. but pay is growing the fastest in the much smaller oil-boom towns of Odessa and Midland.

Gulfport Energy Cuts Jobs, Suspends Share Buybacks
Monday, November 18, 2019 U.S. shale and gas producer Gulfport Energy Corporation has cut staff and suspended its share repurchase program in efforts to cut costs.

Range Resources Closes Houston Office, Lays Off Staff
Wednesday, November 13, 2019 U.S. natural gas producer Range Resources Corporation will be closing its Houston office, resulting in the layoffs of 50 Houston employees.

Weir Group Cut 450 US Jobs from Oil, Gas Division
Thursday, November 07, 2019 The Weir Group, plc cut one-fifth of its oil and gas workforce in the U.S. during third quarter as it encountered weak market activity in North America.

Aker Solutions to Cut Jobs in Aberdeen
Friday, October 18, 2019 The energy services firm revealed plans to cut nearly 100 jobs in Aberdeen.

Energean to sell Edison's North Sea Assets for $250MM
Monday, October 14, 2019 The sale is contingent on Energean completing its proposal to acquire Edison E&P.

Halliburton Cuts 650 Jobs in US
Wednesday, October 09, 2019 Oilfield services giant Halliburton has laid off 650 employees in the U.S.

Oilfield Tanker Company Closes Business in Texas
Friday, October 04, 2019 Stevens Tanker Division, LLC, a Dallas, Texas-based oilfield fleet solutions provider, is shutting its doors soon.

EQT Cuts 23 Percent of Workforce
Wednesday, September 11, 2019 The Pittsburgh-based natural gas producer expects to save approximately $50 million annually from the layoffs.

Flint Energy Services to Lay Off Permian Workers
Tuesday, September 03, 2019 Flint Energy Services, Inc., a subsidiary of engineering firm AECOM, is laying off more than 100 workers in the Permian.

Oil Has a Millennial Problem
Friday, August 02, 2019 Oil companies have a problem, and his name is Robert Paver.

Job Cuts Needed at Sollum Voe Terminal by Year-End
Thursday, July 04, 2019 Organizational changes at the Sullom Voe Terminal will require around 60 permanent EnQuest employee job cuts at the site by year end.

Energy Training Fund Helps Thousands
Monday, May 27, 2019 The Scottish government's $15.2 million Transition Training Fund for those affected by the global downturn in the oil and gas sector has helped 4,272 people.

Program Aimed at Redundant O&G Workers Opens Third Round
Tuesday, September 18, 2018 An initiative which has brought together redundant oil and gas professionals to create and launch new energy businesses is opening applications for its 3rd round.

Global Commodity Trader Koch Cuts Staff In Restructuring
Tuesday, February 27, 2018 Koch Supply & Trading has cut dozens of workers across at least four offices worldwide, sources say.

Hess Cutting Hundreds of Workers As It Battles Activist Investor
Tuesday, January 16, 2018 Hess Corp is cutting roughly 13 percent of its workforce.

US Jobs in Mining End 2017 Relatively Unchanged
Friday, January 05, 2018 Ending out the year, oil and gas jobs in the US didn't see much movement.