Scotland business

Harkand Group job losses revised upwards to 148

Harkand vessel Image copyright Harkand
Image caption Harkand ran a fleet of subsea, multipurpose and dive support vessels

Administrators have revised upwards the number of job losses in Aberdeen following the collapse of offshore oil services firm Harkand Group.

Deloitte said 148 posts would go from the Granite City out of a total of 171 UK redundancies announced on Thursday.

The business advisory firm had initially estimated 98 job losses north of the border.

Harkand went into administration after being hit by the prolonged fall in global oil prices.

Ten companies within the London-headquartered group were affected.

A total of 39 staff are being retained "for a short period" to assist with the wind-down of Harkand's European business.

In a statement, Deloitte said they had succeeded in selling Harkand's arm in US and Africa, preserving about 100 jobs outside the UK.

A team led by Harkand North America's managing director AJ Jain agreed to a management buyout of the business.

The new company, to be named Ethos Offshore Ltd, will continue to provide subsea engineering and construction services to Harkand's existing US, Mexican and West African clients.

Harkand provides services for the oil and gas industry, including inspection repair and maintenance (IRM) for offshore operations worldwide.