Oceaneering cuts ROV staff in Norway

Oceaneering, a provider of subsea services to the international oil and gas market, will reduce its workforce in Norway by 100 positions.

According to Sysla.no, a Norwegian energy news website, which quoted Erik Sæstad, the company’s manager for Norway, ROV staff in Norway will be hit by this new round of cuts.

The affected personnel is expected to leave the company in late summer.

According to Sysla.no, Oceaneering has laid off 350 workers in total since the oil industry started reducing investments due to low oil prices.

Back in April, during the quarterly results presentation, the company said its outlook for the rest of 2015 was weakened for ROV, Subsea Projects, and Asset Integrity.

“We are challenged with materially lower demand, customers demanding price concessions, and competitors willing to dramatically reduce prices to secure utilization for their assets.” M. Kevin McEvoy, Chief Executive Officer said during the first quarter results presentation in late April.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

8th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Gas Indonesia Summit 2019

Gas Indonesia Summit & Exhibition is returning for the fourth edition in Jakarta…

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply