EuropeOffshore

DeepOcean lets go of 90 staff

Photo of Sam Chambers Sam ChambersJanuary 7, 2016
9 Less than a minute

Norwegian subsea specialist DeepOcean is to let go of 90 staff as it fights the downturn in oil prices, which has seen much of its fleet laid up. DeepOcean is predicting the offshore crisis will persist for some time to come and is cutting costs wherever possible.

Redundancy notices were handed out on Tuesday and the company wants to resolve the issue by the end of the month.

DeepOcean has a total of 1,400 employees.

 

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Photo of Sam Chambers Sam ChambersJanuary 7, 2016
9 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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