Huge drop in oil and gas jobs since 2014

The number of jobs relying on the UK's offshore oil and gas sector has fallen by more than quarter in the past two years, according to an industry report.
In a second year of severe cuts in cost, the industry is thought to be supporting 120,000 fewer jobs than in 2014.
The annual economic report from Oil and Gas UK shows the impact this year is increasingly on the supply chain.
Spending is down by 30% in two years as a result of the oil price fall.
The report also points to a further deterioration in prospects if exploration is not stepped up.
Only six wells have been sunk in UK waters this... read more
27 September 2016 in
Regional,
Views: 36
Source: BBC
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