Oil Giant Blames Labour Taxes as 250 Jobs Cut in Aberdeen – Guido Fawkes

In yet another blow to Red Ed, the UK’s largest oil and gas producer Harbour Energy has said it expects to slash a further 250 jobs in Aberdeen, after already cutting 350 in 2023. That’s around 25% of its workforce. Ironically where GB Energy’s headquarters are…

The firm’s laying the blame squarely at the government’s doorstep, slamming Labour’s beefed-up windfall tax – a whopping 78% –  and red tape driving away investment in the name of net zero. The firm also says it’s reviewing its carbon capture project after government delays. Green dream ‘doomed to fail‘, anyone?

Harbour Energy’s managing director Scott Barr said the firm was launching a review into its UK operations, saying:

“The review is unfortunately necessary to align staffing levels with lower levels of investment, due mainly to the government’s ongoing punitive fiscal position and a challenging regulatory environment. We are also reviewing the resourcing required to support our Viking carbon capture and storage project, where progress beyond front-end engineering design and the recent securing of a Development Consent Order has been hindered by repeated delays to the Government’s Track 2 process.”

Meanwhile Ørsted has pulled out of a huge wind farm project in the UK citing high costs. A reminder that only in January Britain was on the brink of blackouts…