ConocoPhillips could be set to make additional headcount reductions to its North Sea operations.
The company announced last month that it had already reduced staffing numbers by 1,000 positions since the decline in oil price.
The amount equates 5% of its global workforce across its operations.
It is believed further job cuts could affect staff working in Aberdeen after employees were told of the move.
However, it is not yet known how many jobs could be affected.
A spokesman said: “We are currently reviewing and adjusting our workforce levels in anticipation of a possible extended period of low prices.
“We’ve informed our workforce that reductions should be expected.
“It would be premature to speculate or estimate any numbers at this time. Any workforce reductions will be done in a fair and respectful manner, consistent with our values.”
Last month the company reported a loss to its income during the second quarter of 2015.
ConocoPhillips said its net income had swung to a loss of $179million in comparison with a profit of $2.08billion a year earlier.
Maersk Oil announced earlier this week that up to 200 staff could face the risk of redundancy after the company revealed plans to shut down one of its North Sea assets.
The company is to approach the Oil and Gas Authority to seek approval to cease production from its Janice installation in the second or third quarter of next year, leaving the company with two operational assets.
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