The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Mining / Quarrying Mining And Quarrying Mining Support Service Activities 09.1 - Support activities for petroleum and natural gas extraction
60 jobs Number of planned job losses
Announcement Date
24 September 2009
Employment effect (start)
24 November 2009
Foreseen end date
Description
BW Offshore of Norway, a floating production unit provider, has decided to cut about 60 jobs at its subsidiary APL due to the weak order intake.
APL produces systems used on offshore units. It will cut about 60 out of 300 jobs by the end of September. All offices (Norway, Houston, Brazil and Scotland) will participate in the process. The reductions in capacity of the individual offices will depend on the expected future market and competencies.
BW Offshore is one of the world's leading FPSO contractors and a market leader within advanced offshore loading and production systems to the oil and gas industry. BW Offshore has a total of around 1,200 own employees while the number of employees within APL is around 300. APL is located in Arendal, a town on the southern coast of Norway. APL is responsible for the system development, design, engineering, fabrication and marketing/sales of all current systems. Marketing and business activities are run out of the main office in Arendal, a representative office in Paris and Rio de Janeiro and the subsidiary, APL Inc. in Houston, APL Asia Sdn Bhd in Kuala Lumpur and APL UK Ltd in Aberdeen.
Sources
24 November 2009: Press release from BW Offshore of Norway
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Citation
Eurofound (2009), BW Offshore of Norway APL, Internal restructuring in Norway, factsheet number 69889, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69889.
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