A further 300 jobs are being cut in the oil and gas industry by a leading company.

Around 100 onshore roles and 200 contractor positions are to go at Talisman Sinopec's base in Aberdeen.

The company said it has also introduced "immediate reductions" to its contractor rates.

Last week, BP announced a similar number of jobs were being cut in the sector. Other companies have made similar job losses, pay cuts and freezes.

Talisman Sinopec blamed the declining oil price - Brent Crude is now just above 48 US dollars a barrel (£31.60) - and "ever-increasing operating costs alongside falling production levels".

The company has a workforce of around 3,000 in the area and added it will "continue to review these numbers in the current climate".

Managing director Paul Warwick said: "Our industry is operating in a mature environment, against a backdrop of a declining oil price and ever-increasing operating costs alongside falling production levels, reduction in exploration and asset integrity and maintenance issues. We are not immune to those challenges and are taking appropriate actions to tackle them.

"As part of the ongoing transformation of our business, Talisman Sinopec Energy UK is proposing material changes in our onshore teams which will result in the reduction of a number of positions within the organisation. We have also introduced immediate reductions in contractor rates. We have spoken with our workforce and are supporting them through the process."

Mr Warwick said the industry needs to be creative and innovative in order to better manage mature assets and handle decommissioning projects.