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 Extraction Of Crude Petroleum And Natural Gas 06.10 - Extraction of crude petroleum
117 jobs Number of planned job losses
Announcement Date
28 July 2015
Employment effect (start)
28 July 2015
Foreseen end date
30 September 2015
Description
UK-based offshore drilling contractor, Ensco has announced 117 employees will be made redundant as a result of the decline in world price for oil. The job losses will result from closure of two oil rigs located in the North Sea that have been decommissioned and returned to the company’s Aberdeen based shipyard. The company has commenced formal consultation with staff who were employed on the two oil rigs. The company has said that it will try to minimize compulsory redundancies by implementing a recruitment freeze and by calling for expressions of interest in voluntary redundancy.
Sources
28 July 2015: BBC News
28 July 2015: Energy Voice
Citation
Eurofound (2015), Ensco, Closure in United Kingdom, factsheet number 84330, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84330.
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