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 09.10 - Support activities for petroleum and natural gas extraction
180 jobs Number of planned job losses
Announcement Date
27 October 2017
Employment effect (start)
1 December 2017
Foreseen end date
1 December 2017
Description
Petroleum service company Stena Drilling will put its mobile drilling platform 'Stena Don' out of service from 1 December, dismissing all 180 Norwegian crewmembers. The rig will be put in long-term storage in Invergordon, Scotland. Stena Drilling kept the rig on standby for possible new missions after it lost a contract to work on the Troll oil field last fall, but has now decided to dock the rig more permanently due to the current market situation. Union representative for Safe in Stena Drilling, Stig-Rune Refvik, says the decision comes as a shock to the employees and that valuable competence will now be lost. Nevertheless, the union is generally satisfied with the way the company's management has dealt with the situation, notwithstanding a somewhat rushed process. Stena Drillings headquarters are located in Aberdeen, Scotland and the company has about 650 employees worldwide, with offices in Bergen and storage facilities in Mongstad, Norway. While all crewmembers on Stena Don will be dismissed, the situation for the rest of the Norwegian employees is undetermined.
Sources
27 October 2017: E24
27 October 2017: Sysla
Citation
Eurofound (2017), Stena Drilling, Closure in Norway, factsheet number 92397, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92397.
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