National Oilwell Varco To Cut Another 900 Norwegian Jobs
OSLO, Dec 7 (Reuters) – U.S. oilfield equipment maker National Oilwell Varco Inc will cut its Norwegian workforce by another 900 people after low oil prices resulted in fewer orders, the company said on Monday.
The layoffs come on top of cuts announced in June when the company said it would cut 900 permanent jobs and 600 contractors from its Norwegian workforce by the end of this year.
The cuts announced on Monday were all permanent jobs, the company said in a statement. Following the latest round, National Oilwell Varco will have laid off about half of its staff in Norway.
(Reporting by Terje Solsvik; editing by David Clarke)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Robotics and Automation: The Oil, Gas Skillsets of the Future (Nov 15)
- Offshore Drillers Still Seeking Recovery Enjoyed by Shale (Feb 07)
- Shale Drilling Technology to Head Overseas in Next Market Upturn (Oct 27)