Offshore drilling contractor KCA Deutag has announced plans to consolidate two of its offices in Aberdeen into a new site five miles south of the energy capital.
The announcement of the new headquarters, covering 3.75 acres, follows news that the company will be cutting over 200 jobs in the North Sea.
While property developer Dandara has said that it will start work on the project later this year, a spokesperson has said that they are unable to say how much much KCA was investing in its new HQ, and a spokeswoman for the energy service company also said the figure was not being disclosed.
Gavin Wyley, Managing Director, Dandara Aberdeen,part of Isle of Man-based Dandara Group, said: “We are pleased to confirm our first major project within City South. Fuelled by the energy industry’s resilience and Aberdeen’s renowned role as a centre of excellence in the sector, capital investment in the city continues to stand up to the challenges seen in other markets as it supports major new developments at home and internationally.”
KCA Deutag currently employs 10,000 worldwide and 1,200 in its North Sea offshore business, although it has said 500 jobs are “at risk” and has recently announced that staff wages are to be cut by 5% across the board.