15,000 jobs cut in the Norwegian oil industry

Around 15,000 jobs have disappeared in the Norwegian oil related industry since 2013, due to lower oil prices and reduced activity in the industry, according to DNB Markets.

Job cuts in this industry have increased by 50 per cent in the last three months alone, Finansavisen reports.

The organisation Norwegian Oil and Gas appeals for tax cuts for the oil related industry.

(NRK)

0°C

Norway

Partly Cloudy

Humidity: 92%

Wind: 17.70 km/h

  • 22 Nov 2017 5°C 0°C
  • 23 Nov 2017 1°C -5°C
Banner 468 x 60 px