LONDON, June 30 (Reuters) - Chevron ( CVX ) will close

its Aberdeen, Scotland office, the U.S. oil producer said on

Monday, ending the company's decades-long presence in the city

as part of its ongoing restructuring.

The closure of its only Scottish office will take place

between December 2025 and December 2026, a Chevron ( CVX ) spokesperson

said in a statement.

Chevron ( CVX ) last year said it planned to sell its remaining UK North

Sea oil and gas assets and exit the aging basin after more than

55 years in a push to focus on more profitable assets. The

company is in the midst of cutting up to $3 billion in costs by

the end of next year, which includes laying off up to 20% of

employees, in order to turn around the business that has lagged

competitors.

Chevron ( CVX ) will maintain its presence in the UK through its

London office. The spokesperson did not immediately respond when

asked how many jobs would be affected by the Aberdeen office

closure.