Transocean, Atwood cut 200 offshore Gulf jobs

Transocean and Atwood Oceanics eliminated about 200 combined jobs for offshore energy workers in the Gulf of Mexico as drilling rigs are either relocated or put out of work.

Switzerland-based Transocean, which operates out of Houston, cut about 120 jobs at the end of January as its Deepwater Asgard drilling rig in the Gulf ended its work with Chevron. The rig joins dozens of other offshore Gulf rigs that are currently out of work as the bulk of new drilling activity is focused on cheaper and faster onshore shale.

The New Face of American Unemployment

February 7, 2017

Trump's Bank Deregulation May Send Investors $100 Billion

February 7, 2017

Leave a Reply

Your email address will not be published. Required fields are marked *