Helmerich & Payne lays off employees after contract cancellation

Helmerich & Payne International Drilling has announced the closure of its H&P 100 platform rig in the Gulf of Mexico due to a contract cancellation, with many offshore employees set to lose their jobs.

In a notice the company sent to the local workforce commission, it anticipates the layoff will be up to 50 employees.

It is the second rig closure for the company in the past two months. It closed the operations of H&P 105 in February.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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