Aker Solutions Drops 4800 Workers Since 2014

Norwegian oilfield services player Aker Solutions has reduced its workforce by some 4,800 since 2014. According to ...

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Dril-Quip Axes Jobs as Profits Dip

Dril-Quip has generated net income of $1.3 million, or $0.03 per diluted share, for the three months ended December ...

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ACE Winches to Axe UK Jobs

ACE Winches has advised its employees of potential headcount reductions at its UK facilities in Turriff, ...

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Aker Solutions Lines Up 650 Layoffs

Norwegian oil services company, Aker Solutions, is said to be reducing its workforce capacity mainly in Norway, UK ...

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Agility to Lay Off 100 Staff

Norwegian manufacturer of subsea equipment Agility Subsea Fabrication will reportedly reduce its workforce by ...

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Saipem Cuts 800 Jobs

Italian oilfield services player Saipem said it will reduce workforce by some 800 at its European based facilities ...

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Technip Enters Redundancy Talks with Newcastle Staff

Technip’s wholly-owned subsidiary, Technip Umbilicals, has repotedly entered into a period of collective ...

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IHC Cuts 425 More Jobs

Royal IHC has informed that, due to persistently poor market conditions, it will be making additional capacity ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (October 03 – ...

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Olympic Lines Up 60 Layoffs

Olympic Shipping, a Norwegian provider of subsea and offshore construction vessels, is reportedly reducing its ...

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OneSubsea Could Axe 600 Jobs In Leeds

OneSubsea, a Schlumberger company, is said to be considering to close up shop in Leeds next year which could lead ...

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Technip to Lay Off All Employees at Pori (Finland)

Technip Offshore Finland is reportedly sending home its entire workforce employed at construction yard in Pori. The ...

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Technip to Cut UK Jobs

Technip is said to be looking into staff reductions at its UK North Sea subsea delivery business. According to ...

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35 Jobs Lost as Farstad Moves to New Base in Australia

Norwegian shipowner Farstad Shipping will close down the management office in Melbourne as it concentrates its oil ...

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Jobs at Risk as JFD Begins Restructuring Process

JFD has decided to undergo a restructuring process which includes an internal reorganization with, as the company ...

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Maersk Supply Service to Sell 20 Vessels and Axe 400 Jobs

Maersk Supply Service is divesting up to 20 vessels and reducing its crew pool by 400 offshore positions over the ...

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Boskalis Takes Profit Hit

Royal Boskalis Westminster N.V. (Boskalis) has seen a profit drop of 52 percent in the first half of 2016 as the ...

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Fugro Lines Up More Layoffs, Dumps Asia Pacific Subsea Unit

Fugro has revealed additional workforce trimming plans and disposal of its subsea services unit in efforts to align ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (June 20 – June ...

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Subsea 7 to Axe 5 Vessels and 1,200 Jobs by Early 2017

Subsea 7 has announced a second phase of global resizing and cost reduction measures due to continued difficult ...

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Report: Oil Price Slump Hits 120,000 UK Jobs

Jobs supported by the UK’s offshore oil and gas industry will have fallen by the end of 2016 by an estimated ...

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