National Oilwell Varco Slashes 900 Norwegian Jobs

Posted by Joseph Keefe
Monday, December 7, 2015

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

Categories: Energy Logistics Offshore Offshore Energy People & Company News

Related Stories

Concerns Raised by Repeated Chinese Detentions of Panama-Flagged Vessels

NYK Bulkship Partners Sets Sail

Energy Flow Stressed with Fujairah Port, Shah Gas Field Attacks

Current News

Operations Begin at Jubail Container Terminal in Saudi Arabia

Concerns Raised by Repeated Chinese Detentions of Panama-Flagged Vessels

CMA CGM Celebrates Maiden Call of New Port Kobe Service

New Wildlife Trafficking Compendium Released for Singapore

Subscribe for Maritime Logistics Professional E‑News