oil & gas assets
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IS - Aker Solutions and other Norwegian OFS firms face layoffs - March 2020



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Aker Solutions issued a warning of imminent layoffs to all 6,000 employees and told 700 foreign workers at its Egersund yard in Norway to return to their home countries, daily newspaper Stavanger Aftenblad reported. The warnings are in response to plummeting oil prices resulting from the global coronavirus pandemic and the SaudiRussian price war. A company spokeswoman told Upstream on March 16 that Aker Solutions would be unable to maintain its activity level but......
 
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