EMCC European Monitoring Centre on Change

Shell

Company/Organisation:
Shell

Geographic Location

Country: European Union
Location of affected unit(s): UK, Netherlands

Company

Sector: Mining / quarrying
Mining and quarrying
06 - Extraction of crude petroleum and natural gas

Employment Effects

Announcement Date: 18-01-2005
Type of Restructuring: Business expansion
Planned Job Creation: 1000

Additional Information

Shell has announced plans to hire an extra 1000 engineers in its exploration and production arm. This follows a number of downward reclassifications of its reserves in the recent past. By expanding its exploration team Shell hopes to close the gap on rivals such as BP by finding new oil and gas reserves.