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M² Subsea to Continue Hiring Spree After Opening New Office in Aberdeen

Subsea services business M² Subsea has opened its new office in Aberdeen and created 30 jobs. The company expects to create an additional 150 jobs by the end of the year. 


Judgement day as workers’ involved in ‘modern day slavery’ await payment

Indian nationals left stranded on an offshore supply vessel in Aberdeen will find out today if they will finally receive cash after they were left unpaid for months of labour.

Both the Malaviya Seven in Europe’s oil capital and the Malaviya 20 in Great Yarmouth have been docked since they were stopped by the UK Maritime and Coastguard Agency last month.

Negotiations have been done on behalf of the workers’ by the International Transport Federation (ITF) to collect the payment from GOL Offshore.

Ken Fleming, ITF coordinator for Great Britain and Ireland, said: “We promised those on board these vessels we would make sure they received the payment they were due.


Halliburton Cuts 6000 Jobs in Q1

Oilfield services major Halliburton has reduced its workforce by more than 6,000 employees during the first quarter 2016.


Ceona Amazon Up for Sale, Over 100 Jobs Lost

SURF contractor Ceona has fallen into administration, Ernst & Young (EY) informed today.

Stuart Gardner and Alan Hudson of EY were appointed Joint Administrators of Ceona Holding Limited and Ceona Crewing Limited and Alan Bloom, Alan Hudson and Colin Dempster of EY were appointed Joint Administrators of Ceona Investments Limited and Certain UK Group companies (the Group).


U.K. North Sea Loses 5,500 Jobs

 Britain's North Sea oil and gas sector has shed more than 5,000 salaried jobs since late last year, the country's new Oil and Gas Authority said on Monday, putting an official figure on job losses resulting from a year-long decline in oil prices.

North Sea oil companies have been particularly hard hit by the near 55 percent decline in Brent crude prices since June 2014, as they were already facing some of the industry's highest operating costs in one of the world's most mature basins.


More jobs to go at Teesside's DeepOcean following oil and gas slowdown

Despite pruning jobs the subsea trenching firm said it was confident in winning offshore renewables work.

Further job losses are expected at the North East base of DeepOcean following continued slowdown in the oil and gas market.

The subsea engineering firm expects to shed up to 50 jobs in its offshore team, some of which are based out of its Darlington and Middlesbrough bases.


Staff Cuts at Maersk Oil

Maersk Oil, an oil and gas company owned by the A.P. Moller-Maersk Group, is cutting about 200 employees and will seek permission from Britain’s Oil and Gas Authority to close operations at its Janice installation. The Janice installation produces about 7,000 barrels per day from three UK North Sea oil fields. The staff cuts will affect permanent Maersk Oil employees as well as contractors.


Statoil to cut up to 2,000 staff, consultants

STOCKHOLM (AP) — Norwegian oil and gas company Statoil says it will lay off up to 1,500 staff and 500 consultants by the end of 2016 to slash costs.

The state-controlled company said Tuesday the layoffs are a continuation of a cost-cutting program started in 2013, "well ahead of the current downturn" and the slump in the oil price.


FMC Technologies Slashes More Norway Jobs

 Houston-based subsea specialist, FMC Technologies, has reportedly started a next stage of workforce reduction in Norway as it marks a drop in offshore activity and feels the cost control sting from the oil companies.


Aker Solutions Cuts Up to 200 Jobs in Subsea Division

 Aker Solutions has notified employees at its subsea services facility in Ågotnes, Norway, that it has become necessary to adjust the plant’s workforce capacity because of a decline in activity in the Norwegian market.

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