Ceona, a SURF and heavy subsea construction contractor in the deepwater market, has decided to cut jobs due to fall in oil price.
According to Aberdeen’s Evening Express, the company confirmed it will be cutting jobs, but added that it is still too early to know just how many workers will be affected by this decision.
Aberdeen’s daily further reported that this move was made to keep costs under control and that the leadership team notified the staff yesterday.
In an e-mail sent to Offshore Energy Today, Ceona’s spokesperson confirmed that the company is conducting a review across all areas of its business operations.
Ceona’s recently appointed CEO, Mark Preece, said: “In order to ensure that Ceona continues to operate a robust, competitiveness business against the challenging market conditions, we are reviewing our operations across all our offices. Regrettably, part of this process involves reviewing our staffing levels to better align with current market conditions.
“However, the process is at a very early stage and we are working very closely with our colleagues to try and reach the best outcome possible during what is extremely difficult time for everyone involved and, indeed, the subsea sector as a whole.”
Offshore Energy Today Staff