“The examination is unfortunately necessary to align the levels of personnel with lower investment levels, mainly due to the government’s punitive position of the government and a difficult regulatory environment,” said Scott Barr, director general of British Harbor activities.
The company also declared that it “examined the necessary resources” to support the project to capture and storage carbon Viking.
Progress on Viking had been “hampered by repeated delays in the government’s process on track 2,” said Harbor.
Harbor’s latest financial results, published in March, showed a profit swing of $ 45 million (33 million pounds sterling) in 2023 losses of $ 93 million (70 million pounds sterling) in 2024.
Shadow’s energy secretary Andrew Bowie described developments as “devastating” for northeast Scotland.
“This must be considered a pivotal moment for the future of British oil and gas. The total madness of labor policies on the North Sea. Lost jobs, imports have doubled, our less safe country. Urgent change required,” he wrote on the X social media platform.
A Downing Street spokesperson said: “This is a commercial decision for this sole proprietorship, and I think they clearly indicated that there were significant pressures of world inflation and supply chain problems in relation to (industry). We are committed to working with them to put this project on the right track.”
Politices
