By Ena Saracevic
US oil giant Chevron are closing their Aberdeen office, a spokesperson for the business has said. They are planning to shut their office in the Granite City between December 2025 and December 2026. The impact on jobs remains unclear as consultations over a restructuring plan continue. However, the company is looking to make global savings of $3 billion by the end of next year which could see it cut around 20% of the existing workforce. The energy corporation is currently active in more than 180 countries globally. Last year, Chevron announced plans to sell its remaining North Sea oil and gas assets in a push to focus on more profitable assets. This was following the sale of its UK North Sea business to Ithaca Energy. The 拢1.6bn deal was completed in 2019. A spokesperson for the business said that as part of Chevron optimising their global portfolio, they are 鈥渟implifying their organisational structure鈥. They claim this is intended to improve efficiency as well as to 鈥渄rive stronger competitive performance鈥 and 鈥渆nhance long-term competitiveness鈥. This has led them to make the decision to close their Aberdeen office. “We are very proud of our long legacy in Aberdeen, and we appreciate the technical expertise, and many talented people connected to our Aberdeen office who have contributed to Chevron鈥檚 success,鈥 they added. “We would like to offer our appreciation for the people of Aberdeen and the city鈥檚 communities, where we have worked for over 55 years. “Chevron will continue to maintain a presence in the UK through our London office, which serves as an important regional hub.”