Maersk Oil, which is part of the Copenhagen based A.P. Moller-Maersk group, said it is planning to restructure parts of its operation in the UK due to challenging markets and that 200 jobs could be affected.
“As a result of ongoing challenges in the market and Maersk Oil’s cost transformation process, the UK business has announced consultation on a proposed move to a three weeks on, three weeks off offshore rotation, to be implemented in 2Q16,” the company said in a statement.
The business will also approach the Oil and Gas Authority (OGA) to seek its approval to cease production from the Janice installation in 2Q16 or 3Q16, moving the business from three operational asset areas to two.
“All options will be explored through consultation to minimise impact on positions, but it is possible that an estimated 200 onshore and offshore roles may be affected as a result of the proposals outlined today,” Maersk Oil said.
“This is a very unsettling period for colleagues. The business will offer as much support throughout the process as possible and remain focused on maintaining safe and reliable operations,” the company stated.
This post was sourced from IHS Maritime 360: View the original article here.