Around 70 workers will lose their jobs following Aker Solutions’ acquisition of Reinertsen, according to Norwegian daily newspaper Adresseavisen.

Aker completed the acquisition of oil-services provider Reinertsen earlier this year, in a move which was forecasted to help secure jobs in central Norway in the long term.

"We're glad to have found a new home for our oil and gas business after a very difficult time for our company," Reinertsen Deputy CEO Thomas Reinertsen said March 30, when the deal was first announced.

"Short term we still face some challenges, but in the longer term this move will secure jobs in central Norway and enable us to continue our strong tradition of delivering high-quality services,” he added.

Reinertsen is the third-largest maintenance and modifications supplier offshore Norway with around 700 employees.

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