GE Oil and Gas could axe jobs at Peterhead

By The Newsroom
Published 4th Aug 2015, 16:13 BST
An oil and gas firm based in Peterhead is considering cutting jobs in the face of 'challenging market conditions'. Picture: HemediaAn oil and gas firm based in Peterhead is considering cutting jobs in the face of 'challenging market conditions'. Picture: Hemedia
An oil and gas firm based in Peterhead is considering cutting jobs in the face of 'challenging market conditions'. Picture: Hemedia
AN oil and gas industry firm has announced proposals to cut jobs in the face of “increasingly challenging market conditions”.

GE Oil and Gas will conduct a formal consultation before making any final decision on jobs at its Peterhead site.

The facility in the Aberdeenshire town makes components for equipment used in the oil and gas industry.

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