Oceaneering Sheds Norway Staff

Business & Finance

Oil services company, Oceaneering, is reportedly laying off employees in Norway as the company faces general decline in activity.

According to Sysla.no, Oceaneering’s Erik Sæstad has confirmed that 100 new employees must leave the company, following the earlier reports on job cuts in Oceaneering Asset Integrity when 30 workers were laid off.

While the majority of staff reductions at Oceaneering Asset Integrity were associated with corporate department, the new redundancies mostly affect the so-called ROV division and its offshore workers.

Sæstad said to Sysla.no that the company is in discussions with its staff and that the affected workers will leave the company in late summer. He has also noted that the company is done with downsizing at this time but it will adapt to the market conditions if necessary.

Subsea World News Staff