HeraldScotland: North Sea Oil and Gas Companies Still Focused on Job Cuts

Most oil and gas companies in the North Sea continue to be focused on job cuts as they remain concerned about activity levels in the area, a survey shows.

The findings of the latest Sentiment Index research by Oil & Gas UK underline the scale of the challenge facing the industry in the North Sea, where firms have slashed investment and cut around 5,000 jobs in response to the slump in the crude price slump.

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