Stork to cut up to 25 Aberdeen jobs
An oil firm has announced a further 25 possible job cuts in Aberdeen.
An oil firm has announced a further 25 possible job cuts in Aberdeen.
Oil services provider Stork has appointed experienced industry professional Jade Crotty as its vice president for HSEQ – UK & Africa.
Asset integrity specialist Stork has secured a three-year extension on its global frame agreement for equipment surveillance services with an unnamed international operator.
Fluor Corporation has agreed to buy engineering services firm Stork for $755million.
Stork said the UK market “continues to be tough” amid the challenging oil price decline as it revealed its third quarter results. The company said its order book was down from €1.2billion to just over €1billion for the quarter, impacted by deferrals of contract extensions as well as negative exchange rates. Meanwhile revenue has increased by 5.2% while organic growth has also increased by 4.6%.
Stork Technical Services revealed its company earnings fell £50million and headcount dropped by nearly 500 in its latest financial disclosure, which was released today.
Stork Technical Services revealed its company earnings fell £50million and headcount dropped by nearly 500 in its latest financial disclosure, which was released today.
Asset integrity services company Stork has collaborated with Emerson Process Management to use Emerson’s Roxar SandLog wireless sand erosion monitoring system in the UK Continental Shelf for the first time.
A networking event highlighting key environmental issues facing the oil and gas industry takes place in Aberdeen next month.
Fort William's Underwater Centre, is working in collaboration with asset integrity multi-national Stork to deliver a new one-day certified course in bolt tensioning for divers.
Asset integrity specialist Stork said market conditions in the UK would remain challenging following the restructuring of its operations in Aberdeen to reflect the downturn in the North Sea.
Stork has been awarded a three-year contract extension with two one-year extension options from Apache. The company will provide a range of integrated fabric maintenance support services including scaffolding, insulation, coatings, passive fire protection, deck support, environmental and decontamination and rope access. The initial contract was awarded to Stork in 2009 and has now been extended until 2017.