Around 20 jobs are in jeopardy at Technip’s Offshore Wind base in Gateshead, it has been reported.
The subsidiary of the French engineering firm, which employs most of its staff at its Aberdeen Westhill headquarters, is said to be closing on completion of current projects.
Technip opened its Gateshead Quay outpost in 2012 when it was looking to build business through the project management of wind turbine installation and their connection to the national grid.
The offshore wind business was only launched in August 2011, operating offices in Aberdeen, London, and France.
A Technip spokeswoman said: “As part of its aim to deliver profitable and long-term growth, Technip can confirm that it has undertaken a review of its business in the offshore wind sector.
“Following this review, the group is proposing that its business unit, Technip Offshore Wind Limited, based in the UK, will close following the completion of all projects. This follows a detailed examination of all viable options.
“Technip Offshore Wind Limited has commenced a collective consultation process in accordance with legislative requirements. The proposal is subject to consultation with employee reps before any final decision is taken.
“The business review of this highly-specialised activity stems from a combination of factors, including Technip’s priority to deliver long-term growth.”
Technip employs 75 people at its Westhill headquarters.