13/04/2015at 11:16

New job cuts on the way at Statoil

Up to 2,400 employees at the Norwegian oil giant Statoil could lose their jobs in a new round of budget cuts.

BY THOMAS BO CHRISTENSEN, ENERGIWATCH

Statoil has performed several severe cutbacks in its workforce alongside the sliding oil price, and this trend will continue, report Norwegian media on Monday.

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