Chevron Plans Aberdeen Office Closure Amid $3 Billion Cost Cuts

Chevron is significantly restructuring its global operations, including exiting its longtime bases in San Ramon, California, and Aberdeen, Scotland. In San Ramon, Chevron moved its headquarters to Texas by January 2025 after selling its 92-acre Chevron Park complex, which is being redeveloped into a mixed-use neighborhood, marking a reduction in its Bay Area footprint. Meanwhile, Chevron announced plans to close its Aberdeen office between December 2025 and December 2026, ending over 55 years of presence in the Scottish energy capital amid a global effort to cut $3 billion in costs and reduce its workforce by up to 20%. The closures in Aberdeen follow Chevron’s sale of its remaining UK North Sea oil and gas assets and reflect a strategic focus on more profitable assets. Despite these exits, Chevron will maintain a presence in the UK through its London office, which serves as a regional hub. These changes underscore Chevron’s ongoing efforts to optimize its global portfolio and adapt to shifting economic and energy landscapes.