Type
Closure
Country
United Kingdom
Region
Scotland;
Location of affected unit(s)
Aberdeen, Dundee
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

150 jobs
Number of planned job losses
Job loss
Announcement Date
6 May 2009
Employment effect (start)
Foreseen end date

Description

Oceanteam Power and Umbilical, an offshore services company, has ceasedĀ operationsĀ and its 150 employees in Aberdeen and Dundee have been made redundant. The closure came after the holding company withdrew its financial support. The firm is part of Oceanteam ASA which is headquartered in Norway and provides construction support vessels, burial and flexible lay equipment and geosciences services.


Sources

  • 6 May 2009: BBC News

Citation

Eurofound (2009), Oceanteam Power and Umbilical, Closure in United Kingdom, factsheet number 68870, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68870.