BP confirmed 1000’s of job cuts in an announcement despatched to Rigzone on Friday.
“Final yr, we started a multi-year program to simplify and focus BP,” the assertion famous.
“We’re strengthening our competitiveness and constructing in resilience as we decrease our prices, drive efficiency enchancment, and play to our distinctive capabilities,” it added.
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“To ship this, a sequence of applications are in place in companies all through BP. In the present day, we have now … informed workers throughout BP that the proposed modifications which have been introduced up to now are anticipated to impression round 4,700 BP roles – these account for a lot of the anticipated discount this yr,” it continued.
“We’re additionally decreasing our contractor numbers by 3,000,” the assertion went on to notice.
In an all workers e-mail from BP CEO Muray Auchincloss, which was despatched to Rigzone by BP, Auchincloss highlighted the job cuts and revealed that 2,600 contractors had already left.
“I perceive and acknowledge the uncertainty this brings for everybody whose job could also be in danger, and in addition the impact it may have on colleagues and groups,” Auchincloss famous within the e-mail.
“We have now a spread of help obtainable, and please proceed to indicate look after one another, be thoughtful, and maintain placing security first – particularly throughout occasions of change,” he added.
“Thanks on your honesty within the calls and conversations you’ve been having along with your leaders. As I’ve stated earlier than, we’re a superb firm with nice individuals, nice companies, and nice property – and we’re uniquely positioned to develop worth by means of the vitality transition,” he continued.
“However that doesn’t give us an computerized proper to win. We have now to maintain enhancing our competitiveness and transferring on the tempo of our prospects and society. That’s what we’re doing,” the BP CEO went on to state.
Within the e-mail, Auchincloss stated BP is focusing sources on its highest worth alternatives and identified that the corporate has stopped or paused 30 tasks since June.
He additionally famous that BP is increasing its enterprise and know-how facilities and driving digitization into its group. Auchincloss added within the e-mail that Provide, Buying and selling & Transport (ST&S) “is now stood up, simplifying the midstream and enhancing our potential to develop worth”.
He additionally stated it’s “been good to see elevated collaboration between P&O and G&LCE, following the modifications to simplify reporting traces and take away duplication”.
BP’s web site exhibits that the corporate had 87,800 staff in 2023 and 67,000 staff in 2022.
In a launch posted on its web site earlier this week, BP introduced that Auchincloss had “lately undergone a deliberate medical process from which he’s recovering effectively”.
“He shall be again within the workplace by February. To make sure his full recuperation the capital markets occasion beforehand scheduled for 11 February in New York will now happen on 26 February in London,” it added.
“The fourth quarter and full yr 2024 outcomes date is unchanged and they’re anticipated to be revealed at 0700 GMT on 11 February,” it continued.
Auchincloss was appointed BP CEO on January 17, 2024, BP’s web site exhibits. He “leads BP’s technique – to transition BP from an Worldwide Oil Firm to an Built-in Power Firm,” BP’s web site states.
Earlier this month, BP introduced in a separate launch that it had safely begun flowing gasoline from Better Tortue Ahmeyim (GTA) Part 1, which it described as “one of many deepest, most complicated gasoline developments in Africa”.
“The two.3 million tons every year LNG undertaking is anticipated to contribute to assembly international vitality wants,” BP added in that launch.
To contact the writer, e-mail andreas.exarheas@rigzone.com
