Statoil cancels contract with Stena rig

Statoil has run out of work for the Stena Don rig in the Troll field, prompting the Norwegian oil company to end the contract with Stena Drilling from November. This leaves 180 employees set to lose their jobs.

Norwegian oil company Statoil has terminated the contract on a rig from Stena Drilling from November, leaving 180 employees at the risk of layoffs.

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