RMT condemns Government for supporting BP dividend payout

RMT condemns Government for supporting BP dividend payout

29 April 2020

RMT Press Office:

OFFSHORE Union RMT today responded with anger at comments by a Cabinet Minister supporting BP’s decision to press ahead with paying out a £1.7bn dividend to shareholders when redundancy notices are being handed out to workers by contractors on their North Sea platforms.

The comments supporting BP's decision were made by Leader of the House Jacob Rees-Mogg this afternoon.

Mick Cash, RMT General Secretary said:
“This is the latest display of corporate greed at the expense of offshore oil and gas workers facing redundancy, the risk of Covid-19 infection and a premature end to operations in the North Sea.

" Offshore workers, including my members working for Wood on the BP installations Andrew, Clair, Clair Ridge, ETAP and Glen Lyon in the North Sea and west of Shetland are being handed redundancy notices whilst BP bumps up its share price by announcing that it will pay a £1.7bn dividend in June.

"This appalling display of corporate extremism, fully endorsed by Cabinet Minister Jacob Rees-Mogg makes it quite clear that this Government is failing North Sea oil and gas workers and the economic future of Scotland and the UK.”

Ends

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