There are fears for Aberdeen jobs after North Sea operator Spirit Energy started a consultation on redundancies.
Energy Voice says the firm has not confirmed the number of roles which may be cut, but it is understood the main impact will be in the Granite City office, alongside roles in the Netherlands.
Spirit's Norwegian and Danish business were sold this year.
The company was formed at the end of 2017 after Centrica agreed to combine its European oil and gas exploration & production business with Bayerngas Norge.
The joint venture is 69% owned by Centrica and Bayerngas Norge shareholders have the other 31%.
Spirit had around 350 employees in Aberdeen and around 800 in the UK in 2020, though it's expected that number may have reduced since the sale of the Norwegian arm.
A Spirit spokesperson told Energy Voice: "Earlier this year, Spirit Energy refocused its strategy on three key areas: safely delivering production from our existing assets; meeting and de-risking our decommissioning obligations, and exploring strategic energy-transition opportunities from our existing assets.
"Following the recent sale of our Norwegian and Danish businesses, our next step is to ensure that we have the right organisational structure, size, resources and skill set in place. As a result, we have met with colleagues to announce our intention to go into consultation about proposed changes to the way our business is structured.
Focus on people and safe operations
"Throughout this consultation process, our focus will be on our people and maintaining safe operations."
In June, Centrica completed the sale of Spirit Energy Norge to private equity-backed Sval Energi.
Meanwhile, Spirit has said the remaining UK and Netherlands business will be in "run-off" mode with no further investment in oil and gas, leading to questions over its future.
Centrica had been trying to sell the business since 2019, a process which stalled during the Covid downturn, having previously cited issues like "disappointing production volumes" from the subsidiary.
In February, Spirit unveiled new CEO Neil McCulloch after incumbent Chris Cox stood down following six years with Spirit and Centrica.
Spirit's key asset is a 61.2% non-operated stake in Cygnus, one of the largest gas fields in the UK, which is operated by Neptune Energy.
Elsewhere it operates the Morecambe Bay Hub in the Irish Sea and has operated holdings in a number of subsea tie-back fields and a normally-unmanned installation in the North Sea.