Multiple reports describe how Aberdeen—often dubbed “Granite City” for its wealth during the North Sea oil boom—now faces further change as BP reduces its presence. Sources characterize the city’s earlier prosperity as a period when Aberdeen had one of the highest concentrations of millionaires in Britain, linked to booming North Sea activity. They then contrast that history with a more recent pattern of decline and retrenchment in the oil sector, which they say affects employment and local economic stability.
In this account, BP’s decision to “abandon” or scale back operations is presented as a fresh setback for the city. The coverage does not align on detailed figures or specific office or facility closures in the excerpts provided, but it consistently links BP’s move to a broader shift away from the boom-era economic model. Overall, the reports frame Aberdeen’s current challenges as part of the post-boom transition, with major employers and the North Sea industry playing a central role in shaping the city’s fortunes.