The US oilfield services firm has now put it’s premises in Aberdeen Innovation Park up for sale. This comes shortly after the organisation previously revealed 30 staff would be reduced to 5.

A spokeswoman said Baker Hughes was “simplifying” its structure and operational footprint globally.

The moves comes as other leading oil firms have slashed jobs and cut costs in a desperate bid to reduce costs in an increasingly competitive oil market.

Baker Hughes said last night it would continue to maintain its level of technical capabilities in the North Sea region.

The Baker Hughes building has been described as a modern office and laboratory building with simulator bay and is 1709.4 sq.m (18398 sq.ft)

A spokeswoman for the organisation said: “Faced with challenging industry conditions in the North Sea and elsewhere, Baker Hughes is simplifying its organizational structure and operational footprint globally, including closing and consolidating facilities in Aberdeen.

“The company is working with employees for relocation opportunities. Baker Hughes will maintain its level of technical capabilities in the region and will continue to deliver excellent service quality to customers.

“These actions will help to improve cost efficiencies and help to ensure the longevity of the region.”

A sign offering the leased spaced can be seen outside of its current premises.

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