BBC News | North Sea oil downturn has cost 120000 jobs, industry claims CNBC Nearly 8,000 jobs have been lost from the North Sea oil and gas industry during the downturn, according to the industry body, while 120,000 roles have gone across the wider economy. Figures released on Friday by Oil and Gas UK show that employment in ... Oil sector job losses 'to reach 120000 by end of year' Oil downturn to wipe out over a quarter of North Sea jobs Oil price plunge 'to cost 120000 jobs' |