More Jobs Axed at Expro

UK oilfield services player, Expro, is forced to make further job cuts as a response to the progressing challenges on the market.

In addition to workforce reduction announced earlier in March, Expro plans to make approximately 60 further redundancies across its Europe and Commonwealth of Independent States (CIS) operations.

According to the company, the majority of these are expected to be in the UK.

Neil Sims, Vice President for Expro’s Europe CIS region, commented: “It is nearly a year since the industry experienced the initial oil price crash, and every attempt has been made to reduce the impact on our employees.

“In the initial stages we took a range of preventative cost reduction measures, and since then, we have worked with our customers, suppliers and employees to significantly reduce and manage costs.

“However we must align ourselves with the on-going market conditions and specifically, the continued decline in exploration and appraisal activity which has resulted in deferrals of major North Sea development projects. Very sadly, this means some further redundancies.

We are currently in the consultation period and as a company, will do what we can to support our employees through this difficult time.”

Share this article

Follow Subsea World News


<< Aug 2019 >>
29 30 31 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

Submarine Networks World 2019

As the key annual gathering for decision makers in the subsea communications value chain, they offer a dedicated platform…

read more >

8th International Conference 2019 Offshore Wind Power Substations

The International Conference Offshore Wind Power Substations is a technical event for experts in the wind industry.

read more >

Wind Turbine Towers

Wind Turbine Towers is a technical event for experts in the wind industry and the goal is to push forward technical development for future tower concepts.

read more >

Seatrade Europe 2019

The three day event will  take place in the hub of the European cruise industry, Hamburg; Germany…

read more >