Aberdeen company Swire Oilfield Services is poised to shed up to 50 jobs in the Granite City.
A spokeswoman for Swire, which employs about 850 people in operations in more than 25 countries, said the firm had begun consultations with staff at its headquarters in Souter Head Road.
Low oil prices are behind the redundancy plan, she said, adding: “We have already introduced a number of cost-cutting measures across the business.
“This process is continuing and this (job cut proposal) is another of these measures.”
Swire, founded in 1979, has a presence in all the major oil and gas locations around the world, including large operations in northern Europe, the Americas, Africa, Asia-Pacific and Australia.
It says it is the world’s largest supplier of specialist offshore cargo carrying units to the global energy industry and a leading supplier of modular systems, offshore aviation services, fluid management.