Norway has lost 22,122 oil jobs in less than a year

Statoil and Aibel are among the companies representing the biggest reason that oil jobs are disappearing from Norway. The oil price shock is far greater than expected, says Norwegian employers' union.

Photo: COSL

22,122 Norwegian oil jobs have disappeared - since August 2014, no less, reports Norwegian business daily Dagens Næringsliv. The numbers have been published to an analysis that DNB Markets' stock trader Truls Oma Erichsrud began close to one year ago.

With 4,700 eliminated oil jobs, Statoil tops the unfavorable list by far, while Aibel has cut 1,220 oil jobs in Norway.

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