Transocean fires 250 employees in Norway

Swiss rig company Transocean is now firing a large number of employees in Norway after two of the company's rigs in the North Sea failed to land new contracts.

BY DANIEL LOGAN BERG-MUNCH

The world's largest rig company Transocean, which is headquartered in Switzerland, is now firing a large number of employees in Norway after the company's rigs, Transocean Spitsbergen and Transocean Searcher, failed to land new contracts.

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