100 offshore jobs are under threat after an energy firm announced plans to reduce its workforce.

TAQA is proposing the job cuts, which will mainly affect contractors, after a review of its operations.

The firm said that low oil prices, declining production rates and increasing operating costs mean that it must "continually review our activity set and refine our approach in order to prioritise the areas of our business that will ensure our long-term success".

In a statement, TAQA said: "As part of our focus to deliver safe, efficient and sustainable operations and development in the UK North Sea, we are restructuring our offshore organisation to establish a consistent operating model across our northern and central North Sea platforms and give us greater ownership of all aspects of our business by ensuring TAQA staff are in key leadership positions.

"As a result we have regrettably determined that it is necessary for us to reduce the size of our offshore crews.

"We are currently proposing a reduction of around 100 offshore core crew positions, mainly impacting contractors.

"Working closely with our key contractor companies, the process will take a number of weeks and will involve consultation with those potentially affected by this change.

"Our workforce are fully informed of the proposed changes and we will work to support them through the process. We foresee that this proposal, combined with other efforts to optimise our business, will extend the life of our platforms."

Source: news.stv.tv

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