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

EnergyPathways, ABP Partner on Energy Storage Project at Port of Barrow

UTC Overseas, Transoceanic Launch US Gulf Coast Logistics Joint Venture

US Container Imports Fall 3.2% in April, Descartes Reports

Current News

Jumbo Orders Two New Heavy Lift Vessels

CMA CGM NOTRE DAME, World’s Largest LNG-Powered Containership, Begins Maiden Voyage

Teqplay Acquired by Ofiniti to Extend Operational Intelligence Across Global Bunkering

Port of Albany-Rensselaer Hosts Maritime Summit

Subscribe for Maritime Logistics Professional E‑News