Aberdeen-based well decommissioning specialist Well-Safe Solutions has confirmed plans to cut scores of jobs, both onshore and offshore, citing the “knock-on effects” of the Energy Profits Levy as a major factor.
The company, which operates in the North Sea, has announced that up to 45 onshore positions are at risk, while there will also be job losses from its Well-Safe Guardian decommissioning rig, although specific figures for the rig have not been disclosed.
A spokesman for Well-Safe Solutions commented:
“The knock-on effects of the Energy Profits Levy have seen spend delayed on decommissioning across the industry, which is affecting both our rig and engineering activity. It’s with regret that Well-Safe Solutions confirms its intention to reduce positions aboard the Well-Safe Guardian while it is on standby. We must also resize our onshore team to reflect the reduction in activity throughout 2025.”
The company is currently undergoing a collective consultation process to explore options for safeguarding as many colleagues as possible. Despite these challenges, Well-Safe Solutions remains optimistic about future growth, noting an expected increase in global project availability from 2026 onwards.
The Well-Safe Defender and Well-Safe Protector rigs are not affected by the current consultations, as they are engaged in ongoing contracts. Recently, the company secured new contracts worth $25 million for decommissioning activities in the North Sea.
