Statoil COO Says Company to Have 20,700-21,000 Staff by End-2016
BERGEN, Norway, Jan 26 (Reuters) – Norwegian oil major Statoil expects to have between 20,700 and 21,000 employees and consultants working for it by the end of 2016, down from 25,500 at the height of the crude price boom, the company said on Tuesday.
"This corresponds to a reduction of 17-19 percent through natural attrition and voluntary redundancies. We're well positioned to resolve staff cuts by voluntary measures," Chief Operating Officer Anders Opedal told a conference.
(Reporting by Stine Jacobsen, writing by Terje Solsvik, editing by Henrik Stolen)
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.
- Big Oil Reuses Platforms in Latest Cost-Cutting Trick (Nov 15)
- Tight Oil, Shale to Drive Majors' Output to New Highs (Oct 16)
- Shell, Equinor Commit to Tanzania LNG as They Await Host Accord (Oct 16)