Expro, a UK-based oilfield services provider is another company in the sector forced to reduce its workforce. The oilfield services sector has been hit hard by the cuts in spending by the oil companies, due to the low oil prices.
In an e-mail sent to Offshore Energy Today, Expro, which employs over 5,400 people in over 50 countries, said that in response to the market downturn, the company is going to lay off around 60 people in the UK. Most of these would be in Aberdeen.
Neil Sims , Expro’s Europe CIS Region Director, said: “ Every effort has been made to minimise the impact on our business through a range of cost reduction measures taken earlier last year, continuing in to this year. However in response to the ongoing environment and overall impact on our business, some job losses can no longer be avoided.
“Employees representatives are being consulted this week, following which individual employee consultations will begin shortly afterwards.
“As a company we will continue to do what we can to limit the impact on our employees, and support them through this difficult time.”
Expro provides services and products that measure,improve e, control and process flow from oil and gas wells, from exploration and appraisal through to mature field production optimisation and enhancement.