ConocoPhillips cuts another 70 Norwegian jobs
US-based oil company ConocoPhillips, which lost more than USD 1 billion in the third quarter, will now perform additional layoffs among its employees in Norway, reports Norwegian daily Stavanger Aftenblad.
BY JOHANNES HARTKOPF-MIKKELSEN
With a deficit of USD 1.07 billion, the third quarter 2015 became the most expensive quarter for US-based oil company ConocoPhillips in more than six years.
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