Farstad close down Melbourne officeCompany News // September 21, 2016
Farstad Shipping is to concentrate its oil service activity in Australia to Perth and plans to its management office in Melbourne. As a result, the Australian onshore organization will be reduced from 65 to around 30 employees.
“Farstad Shipping has participated in the development of the offshore oil and gas industry in Australia since the 1990s, and has become one of the leading oil service companies in the region. To secure this position in the future we are now transferring all of our activities to Perth, making it our new headquarters in Australia,” said Karl-Johan Bakken, CEO of Farstad Shipping.
Perth will act as the company’s headquarters and the operations centre in Australia, in addition to being the location of the company’s training and offshore simulation centre.
“It is with regret that we have to lay off dedicated and highly skilled employees, but it is the unfortunate result of a necessary capacity adjustment,” said Mr Bakken, who said he would like to thank all of the employees who have contributed to building up Farstad Shipping in Australia.