Home Business NewsOil and gas industry hit with another ‘nail in the coffin’ as hundreds of jobs lost

Oil and gas industry hit with another ‘nail in the coffin’ as hundreds of jobs lost

by LLB staff reporter
4th Feb 26 10:24 am

A major chemicals works site has ceased production. The Mossmorran plant which had processed gas from the North Sea was closed down on 2 February after 40 years.

The owner Exxon Mobil told their 400 employees the plant will close for good at the site in Fife, Scotland as the were losing £1 million a week, which is no longer financially viable.

Unite general secretary Sharon Graham said, “This is another nail in the coffin of the oil and gas industry, with jobs haemorrhaging on this Government’s watch. ExxonMobil’s decision to close Mossmorran ahead of schedule is a disgrace and a betrayal of its workers.”

She added, “This is an enormously profitable multi-billion-pound company and this unnecessary decision will have a devastating impact on the local community in Fife.

A spokesperson for ExxonMobil told the BBC: “After more than 40 years of operations, Fife Ethylene Plant permanently shut down production on February 2.

“In the months ahead, the plant will be fully decommissioned and made safe for dismantling. We anticipate this process to be completed by early 2028.”

A Government spokesperson said, “We explored every reasonable avenue to support Mossmorran and to suggest otherwise is disingenuous, and continue to engage with the company and wider sector to ensure we are doing everything we can to support the workers and find a viable future for the site.

We know this is a difficult time for workers at Mossmorran and their families, which is why last week’s taskforce meeting saw us commit to ensuring all workers get a job interview at the Grangemouth cracker.

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