BBC News | Oil sector job losses 'to reach 120000 by end of year' BBC News The number of jobs lost as a result of the downturn in the UK oil and gas sector could top 120,000 by the end of this year, according to a report. Oil & Gas UK estimated 84,000 jobs linked to the industry went in 2015, with 40,000 losses expected this ... Oil downturn to wipe out over a quarter of North Sea jobs North Sea oil downturn has cost 120000 jobs, industry claims UK oil industry jobs predicted to fall by 120000 by year end |