UK oil and FPSO group Petrofac could chop up to 160 jobs to cut costs.

The company said it is integrating its operations to stay competitive in challenging markets, the BBC reported.

It is consulting its workforce this month.

A Petrofac spokesperson told the BBC: "We're constantly looking for ways to make our business as cost efficient and delivery-focused as possible.

"Integration of our UK services will deliver a streamlined and effective business which is designed to ensure we remain competitive and sustainable against a challenging industry backdrop."

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