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Aker Solutions to Cut Jobs in its Norway Subsea Division

Posted by June 11, 2015

Photo: Aker Solutions

Photo: Aker Solutions

Norwegian oil services firm Aker Solutions said on Thursday it planned to cut 150-200 jobs out of 3,000 in its subsea division as low oil prices made companies to cut spending.
 
"Our Norwegian subsea services unit has had a slow start to the year as oil companies reduce spending and delay some projects," Per Harald Kongelf, head of Aker Solutions in Norway, said in a statement.
 
In February, the firm announced up to 300 lay-offs within the maintenance, modifications and operations (MMO) division.
 
 
(Reporting by Stine Jacobsen, editing by Nerijus Adomaitis)
Aker Solutionslow oil pricesNorway

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