Norwegian company Preziosos Linjebygg said it will reduce its headcount by 70 positions.
The company said the move was being taken as the oil and gas market continues to be challenging.
It comes after weaker orders, with the decision most likely to affect offshore employees.
The company said the decision was “extremely regrettable”.
Around 100 members of staff have lost their jobs from the company since the decline in oil price.
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