Aker Qserv in Norway closure

To be closed: Aker Qserv in Stavanger

Aker Solutions is being forced to shut down the Norwegian process services operation of its Aker Qserv subsidiary after suffering sustained losses on the business.

The closure will affect about 20 employees at the Stavanger-based operation, some of whom have been given new jobs at the Aker Well Services unit at another location near Norway’s oil capital.

It will be carried out once current contracts are completed, with the leak metering skids operation already transferred to the well service outfit.

Explaing the reason for the move, an Aker Solutions spokesman informed Upstream: “We have been unable to make the Norwegian process services operation a robust and profitable business.

“The business has a sub-scale asset base, which means we would have had to make significant investments to make the operation deliver consistent profits.

“Even after such investments, profitability would be low compared to comparable businesses. As a result, we have decided to close down the operation.”

The Norwegian engineering contractor, which employs more than 12,000 people in Norway, is looking to minimise redundancies from the shutdown by helping retrenched employees find work within the company or outside it.

Ultimately, the process services business will be moved from Stavanger to the Aberdeen headquarters of Aker Qserv, which remains “a highly successful and integral part of Aker Solutions”, the spokesman added.

The Aker Qserv unit, which was acquired by Aker in 2008, currently employs about 600 personnel and provides well, process and pipeline services in the North Sea and international markets.

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