Oil giant BP is to cut 600 jobs from its North Sea operations, following a drop in oil prices, it was reported on Tuesday. The North Sea job cuts represent a fifth of BPs workforce in the region, where it employs 3,000 people. Mark Thomas, regional president for BP North Sea, was quoted by the BBC as saying: “We are committed to the North Sea and see a long-term future for our business here. “For example, in 2016, we are continuing to invest around USD2bn of capital into North Sea projects and a further USD2bn in running our North Sea operations. “This will sustain many hundreds of jobs both in BP North Sea and our supply chain going forward.