Suppliers feel the consequences of declining oil activity

Statoil's employees in Norway are not the only ones feeling the repercussions of the need to cut costs and increase efficiency. Shipyards and suppliers are now forced to reduce their number of employees as activity declines in the Norwegian Sea.

Photo: Øyvind Hagen/Statoil

The expensive and precious Norwegian oil is not just impacting Statoil's Norwegian employees, where several hundred jobs among IT and administration are being outsourced to low-wage countries.

The consequences of decreasing activity in the oil industry have now also reached the Norwegian shipyards, which to a large degree depend on the country's offshore sector. Last week Norwegian newspaper Stavanger Aftenbladet reported that the local Rosenberg shipyard had to fire 16 employees because of reduced activity in the industry. And now Helgelandsbase, outside Sandjessjøen, is forced to perform cuts among its employees, according to

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