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National Oilwell Varco Norway to Cut 1500 Jobs

National Oilwell Varco Norway to Cut 1500 Jobs
The string of job cuts by major employers in the Norwegian oil sector highlights the industrywide challenges as oil prices have dropped more than 40% from a year ago to $ 65 a barrel, which is forcing oil companies and oil-field services businesses to …
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Norway's Statoil to cut thousands of jobs
The job losses at Statoil, Norway's No. 1 oil and gas producer, add to thousands more in the country's offshore energy industry after crude collapsed in the second half of 2014. Western Europe's largest oil-producing nation is bracing for the biggest …
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More Than 2000 Potential Job Losses in Norway by 2016
Around 2,200 oil and gas sector jobs could be lost in Norway by 2016 at Statoil and Aker Solutions. Statoil could potentially make 2,000 job cuts by the end of 2016, Norwegian daily newspaper Dagens Naeringsliv (DN) reported Friday. Discussions between …
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Norway Cuts Rate to Record Low as Oil Slump Rears Recession Risk
Planned job cuts in Norway's oil and gas industry will exceed 20,000 as those companies adjust to the new market, according to DNB Markets. “Developments in the Norwegian economy have been slightly weaker than expected and the economic outlook has …
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Birth order stereotypes and why they're often wrong
A 2007 study in Norway showed that firstborns had two to three more IQ points than the next child," says Frank J. Sulloway, Ph.D., the author of Born to Rebel. Firstborns … When it's not: If the oldest doesn't act the part, "it creates a job vacancy …
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Grand Central: A Roadmap for 2015 and Other Takeaways on Fed June Meeting
Short-term interest rates remain pinned near zero and the Fed continues to wait for more evidence of a pickup in inflation and sustained job gains before it is prepared to act. Still, the …. Norway Cuts Interest Rates, Says Further Reduction Likely …
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10 things you need to know today
Norway's central bank noted further rate cuts were most likely on the way because of the drop in oil prices. Elsewhere, the Swiss National Bank held its key rate at -0.75% but suggested the franc remained "significantly" overvalued. Finally, Bank …
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Women's World Cup — what we learned on Day 12
Still, his team responded Wednesday, with Karen Carney getting a fortuitous rebound and Williams burying a penalty to give England a 2-0 lead at the half over Colombia, all of which gave you great confidence they could beat Norway in the Round of 16 …
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Fugitive security agent Edward Snowden's lawyer speaks to WalesOnline
I think it's my job, and I hope the job of others, to give him more options than those two. … I think people don't appreciate the extent of that because one day it might be in Ecuador, then in Australia, then in Norway, then in Princeton University …
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West has not learned lesson of Holocaust refugees
As reported this week, UN officials believe that representatives of Norway, Britain and Italy have visited Asmara, the capital of Eritrea, and offered cash or reduced sanctions in return for stronger efforts to keep Eritreans from fleeing. It is …
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India UK's 3rd largest job creator in 2014
LONDON: India has emerged as Britain's third biggest job creator in 2014 as the country saw a 65% increase in foreign direct investments (FDI) from here. India helped create 9,350 jobs in UK in 2014 — second only to the US (36,778 jobs) and Germany …
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