Origin to cut jobs in Lattice sale

The APLNG Plant on Curtis Island, Queensland.

The APLNG Plant on Curtis Island, Queensland.

Origin Energy plans to cut 650 jobs after it completes the $1.6 billion sale of its non-core oil and gas assets arm, Lattice Energy, to Beach Energy.

According to the Australian, Origin’s only producing assets after it completes the Lattice sale are the CSG fields in Queensland that supply the Australia Pacific LNG (APLNG) Project, in which Origin has 50:50 interest with ConocoPhillips.

“The loss of jobs is never a decision taken lightly and we are putting considerable effort into completing this process as quickly as we can so we can provide certainty to our people,” said Origin CEO Frank Calabria.

The Australian says the majority of the 650 jobs will be Brisbane-based office roles.

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