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Oil company shuts Norwegian office and announces layoff plans

UK oil company Neptune Energy plans to reduce its staff in Norway in response to the corona criss and uncertainty in the market. The company's Oslo office is set to close, writes Norwegian media.

The picture is not directly related to Neptune Energy. | Photo: Steve Nesius/Reuters/Ritzau Scanpix

UK oil company Neptune Energy plans to reduce up to 50 full-time positions in Norway and shut its Oslo office, writes newspaper Stavanger Aftenblad and E24.

The company will bring down the number of permanent positions by 15 percent. With 334 employees in Norway, this means that between 40 and 50 full-year equivalents must go, writes the media.

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