Shell to cut 25 percent of deep-water Gulf jobs

July 25, 2016 / By Surprise Valley Resources

HOUSTON — Royal Dutch Shell says it’s cutting one-quarter of its deep-water Gulf of Mexico workers, the oil company’s latest bid to reign in costs amid anemic crude prices. The move to shed 200 out of its 770 Gulf of Mexico employees and contractors, located across the United States, is part of Shell’s broader plan …
Source: FuelFix