Sept 20 (Reuters) - Farstad Shipping ASA FAR.OL :
* Concentrates its oil service activity in Australia to Perth and will close down the management office in Melbourne
* Australian onshore organization will be reduced from 65 to around 30 employees
* Perth will then facilitate both headquarters and operations centre, in addition to company's training and offshore simulation centre
* Background for this move now, is challenging market situation with low oil price and subsequent sharp reduction in offshore activity
Source text for Eikon: ID:nWkrit3936
Further company coverage: FAR.OL
(Gdynia Newsroom)