Maritime Jobs
Friday, October 23, 2020

TechnipFMC Cutting Jobs in Norway

May 5, 2020

Image Credit: TechnipFMC (Cropped)

Image Credit: TechnipFMC (Cropped)

Franco-American oil services company TechnipFMC plans to cut up to 700 jobs across its sites in Norway due to the turbulent oil market situation, a spokesman for the company said on Tuesday.

TechnipFMC, whose customers include major oil companies, said it employs 3,100 staff in Norway, and both permanent and temporary staff will be affected.

"TechnipFMC confirms that, due to the unprecedented market situation, the Board of Directors for TechnipFMC in Norway have approved a reduction in the workforce," the spokesman said in a statement, adding that it plans to finalize the process by end of August.

The company said on April 22 that it would slash salaries of executives after cutting its dividend by 75% in search of savings to cushion the impact of the novel coronavirus outbreak and downturn in the oil market. 

(Reporting by Bate Felix, editing by Louise Heavens)

Norwayoil marketTechnipFMC

Featured Jobs

Training Supervisor

Pacific Maritime Association

Marine Transportation Supervisor (Deputy Vessel Master)

St. Lawrence Seaway Development Corp.Massena, NY, United States

Marine Engineer

Scienco/FAST

Second Radio Electronics Technician

Military Sealift CommandNorfolk, VA, USA

Chief Radio Electronics Technician

Military Sealift Command

Medical Services Officer

Military Sealift Command

Any Entry Level

Military Sealift Command

Cook Baker

Military Sealift Command

Assistant Cook

Military Sealift Command

Featured Employers

Military Sealift Command

The Military Sealift Command (MSC) is a United States Navy organization that controls most of the re

Pacific Maritime Association

The PMA’s mission is to provide industry leadership to our member companies through innovative integ