Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

Global oil services giant moves to cut 67 jobs in Angus

The National Oilwell Varco site in Montrose.
The National Oilwell Varco site in Montrose.

American oil services giant National  Oilwell Varco is cutting dozens of jobs in Angus.

The Texas-based multinational informed shocked staff at its Merpro site in Baird Avenue, Montrose, of the proposed cost-cutting move yesterday.

The Courier understands the group is consulting over shedding 67 jobs from a total workforce of around 140.

The corporation’s other Montrose operation – the aftermarket rigs division – is not affected by the changes.

The Courier visited the Merpro facility today but no comment was forthcoming from the company locally.

Messages have also been left with the group’s global communications department in Houston but there has been no reply.

The Merpro site was bought over by the group – also known as NOV –  in 2011 and provides a range of machining, design and fabrication services.

It is also involved in a range of technical services related to wellhead and downhole oil equipment.

Like many companies in the sector, NOV has been impacted by the downturn over the past two years in the global oil price.

Firms operating across the North Sea and in wider global oil and gas basins have been forced to cut costs and axed thousands of jobs after the oil price slumped to below $30 from a high in excess of $100.

There has been a recovery from the bottom-line prices in recent months and Brent crude is currently trading at around $55 per barrel.