Subsea 7 Cuts Norwegian Jobs as Statoil Faces Delays

摘要

Oil - field services company Subsea 7 is reportedly cutting its Norwegian workforce in response to project delays and cost - cutting at Statoil which have hit its order book. According to media reports, the UK - based company will slash 100 - 150 jobs in the region. The move follows a similar decision taken by Norwegian oil - field services contractor Aker Solutions as a result of spending cuts by oil companies, who have come under increasing pressure from investors to rein in the soaring capital expenditure of recent years ( EIF Jun.18'14 ).