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Pipeline Pulse > Oil > Harbour Power Expects to Lower Round 250 Jobs
Oil

Harbour Power Expects to Lower Round 250 Jobs

Editorial Team
Last updated: 2025/05/08 at 11:05 AM
Editorial Team 4 months ago
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Harbour Power Expects to Lower Round 250 Jobs
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Harbour Power has informed Rigzone that it expects to chop round 250 jobs.

“Harbour is launching a evaluation of its UK operations, which we count on to end in a discount of round 250 onshore roles in our Aberdeen-based enterprise unit,” Scott Barr, the managing director for Harbour Power’s UK enterprise unit, stated in an announcement despatched to Rigzone late Wednesday.  

“The evaluation is sadly essential to align staffing ranges with decrease ranges of funding, due primarily to the federal government’s ongoing punitive fiscal place and a difficult regulatory setting,” he added.

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Within the assertion, Barr stated the corporate can also be reviewing the resourcing required to help its Viking carbon seize and storage venture, “the place progress past front-end engineering design and the current securing of a Improvement Consent Order has been hindered by repeated delays to the federal government’s Monitor 2 course of”.  

“Harbour stays among the many largest producers within the UK North Sea and, whereas our devoted and extremely expert folks will proceed to provide very important power safely and responsibly, we should take these troublesome steps in response to the challenges offered by the present exterior setting,” Barr famous within the assertion.

In accordance with Harbour Power’s web site, the corporate has 3,400 workers and direct contract workers. A lower of 250 to this determine represents a 7.35 % discount.

Rigzone requested HM Treasury (HMT) and the UK Division for Power Safety and Internet Zero (DESNZ) for touch upon Barr’s assertion.

In response, HMT despatched Rigzone a remark from the UK Chancellor of the Exchequer, Rachel Reeves, during which Reeves stated, “initially, my ideas are with anyone who works for an organization who’s apprehensive about their job”.

“Each firm has to take industrial selections for his or her enterprise. And naturally, many different corporations are working on this sphere, don’t make these types of bulletins,” Reeves added.

“We now have decided with the Power Earnings Levy to tax income made by North Sea oil and gasoline corporations on the identical price that income are taxed in Norway. And all of that cash goes into our public companies,” Reeves continued.

“It’s what allows us to make a settlement value greater than GBP 5 billion ($6.6 billion), the largest ever settlement to a devolved administration,” Reeves went on to state.

In its response, DESNZ despatched Rigzone an announcement from a authorities spokesperson, which stated, “our ideas are with any employees affected by this industrial resolution, and we’ll do all the pieces in our energy to help employees and communities”.   

“The federal government has reformed the Power Earnings Levy to help funding and provides business certainty and stability,” the spokesperson added.

“By making the UK a clear power superpower, together with launching a world-leading carbon seize and storage business after years of delay, consenting document quantities of fresh energy, and ending a few years of no new nuclear, we’ll get the UK off dependence on markets managed by petrostates and dictators, and drive jobs and progress by our Plan for Change,” the spokesperson went on to state.

The Power Earnings Levy was launched in Could 2022 to tax the extraordinary income of oil and gasoline corporations working within the UK or the UK Continental Shelf, a coverage paper revealed on the UK authorities web site on October 30 states.

To contact the creator, electronic mail andreas.exarheas@rigzone.com





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Editorial Team May 8, 2025
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