Shlumberger Announces North Sea Job Cuts
Oil giant Shlumberger have announced they are cutting 100 jobs in their North Sea operations.
Schlumberger, the world's largest oil and gas services group confirmed that North Sea jobs would be lost as part of its plans to cut 9,000 posts internationally.
A spokeswoman said: "The dramatic fall in oil price over the past quarter has led our customers to decrease exploration and production activity worldwide. As a result, Schlumberger is reducing headcount in line with lower activity levels and this is unfortunately impacting our North Sea operations and people."
The spokeswoman refused to comment on reports that around 100 North Sea jobs could be at risk.
Mr Cash said: "This is yet more bad news coming at the end of what has been a grim week for the offshore industry. All the signals that the union is receiving suggest that there is far worse to come."