Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, ...
U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor ...
BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.
BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost ...
BpTT says it is “too soon” to determine exactly how the plan to cut 4,700 jobs globally will impact its operations here.
BP will sign a deal with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk region in northern Iraq.
BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans.
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
BP will cut over 5 per cent of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss’ efforts to ...
British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.