Jobs going in Aberdeen at Repsol Sinopec
Jobs are going in Aberdeen as Repsol Sinopec announces its in consultation with staff over redundancies.
It comes just hours after a new Aberdeen and Grampian Chamber of Commerce report found confidence was high among operators.
Three quarters of firms say they expect profits to rise in 2018.
However, this is another jobs blow for the city with BP announcing it's letting staff go across the UK.
We're still waiting to find out how many will be affected in the North East of Scotland.
Repsol Sinopec are expected to lose up to 70 positions in Aberdeen.
A spokesman for the firm said: "We have made huge progress in the last three years. We are currently top quartile for HSE performance, and we have moved into the upper half of OGA rankings for Production Efficiency - but we still have more to do to reduce lifting costs
"We are integrating our assets around digital operating hubs, which we have piloted very successfully on Montrose and Arbroath over the last twelve months, to support faster and more informed decision-making.
"We will also capitalise on our improved internal capabilities and processes.
"As a result of this we are beginning a consultation today on a proposed new design for our onshore organisation. Subject to the outcome of this consultation we expect the number of staff positions will be reduced by around 70.
"We are very aware of our responsibilities to our people and will consider any measures to mitigate the impact on those affected by the reductions, including looking to redeploy staff where possible.
"With a view to reducing compulsory redundancies we will also be offering the option of voluntary redundancy."