EMCC European Monitoring Centre on Change

Seadrill Norway Crew

Company/Organisation:
Seadrill Norway Crew

Geographic Location

Country: Norway
Region: Norge
Location of affected unit(s): Norway

Company

Sector: Mining / quarrying
Mining and quarrying
09.10 - Support activities for petroleum and natural gas extraction
Number Employed: 1050
Group: Seadrill

Employment Effects

Announcement Date: 30-11-2021
Planned Job Reductions min: 400
Planned Job Reductions max: 400
Type of Restructuring: Bankruptcy
Employment Effect Start: 01-03-2022

Additional Information

Oil drilling company Seadrill, is planning to lay off up to 400 employees in its staffing subsidiary Seadrill Norway Crew, as two riggs operating in Norwegian waters will be ending their current missons. The rig "West Bollestad" is finishing its drilling programme and its contract with Lundin Petroleum is ending, while the rig "West Hercules" will be sent to Canada with a reduced Norwegian staff aboard. All affected employees will have a three month period of notice, starting from alate december. An early pension incentive has been put in place for employees over 60, offering six months full pay without obligation to work. Local union leader Kenneth Drageide describes the situation as sad and regrettable, adding that there is ongoing dialogue between management and the union to take care of affected employees. The union also plans to arrange a course in February to help affected employees with CV and application writing. 

Seadrill has struggled financially for years and it is on its way out of a period of  temporary bankruptcy protection.

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