Sector News

Technip jobs consultation over, keeps quiet on final tally

February 21, 2017
News

Newly merged oil services giant and subsea equipment specialist TechnipFMC have confirmed that a staff consultation over the possible loss of 130 UK jobs has concluded.

But the French-American firm has refused to release any further details on the reductions made to the staff headcount.

The 45 day consultation was announced in September last year.

It was understood around 130 posts out of a total of 600 were at risk and marked the third round of jobs cuts at the French firm.

A spokeswoman on behalf of the company said: “TechnipFMC confirms that the consultation process for the Technip UK business unit, which started in September 2016, has now concluded.

“No further comment will be provided on this matter.”

The company has previously blamed “ongoing challenging conditions” in the UK oil and gas industry and in particular the impact of the downturn on the subsea business.

FMC Technologies and Technip merged earlier this year after agreeing a £9billion “mega-merger” last May.

The firms said the move is expected to deliver savings of more than £400million.

By Alan Shields

Source: Energy Voice

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