Statoil in new round of staff cuts

Norway’s state-owned oil giant Statoil is reportedly cutting stuff in a new round of redundancies.

According to Aftenbladet, Statoil will cut up to 20 percent within its technical sector that employs around 12,000 engineers.

This might mean that up to 2,400 engineers will find themselves without employment, notably those that are drilling and maintaining wells, and administrative staff.

This move is a part of cost cutting measures caused by the drop in global oil prices.

Offshore Energy Today reached out to Statoil seeking confirmation of these reports; however, we are yet to receive a response.

Offshore Energy Today Staff; Image: Statoil

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply