Norwegian oil service operator takes small Equinor contract, announces layoffs

Oceaneering Asset Integrity ended up drawing the shortest straw when Equinor allocated inspection contracts worth NOK 3.5 billion (EUR 346 million). The deals for six rigs worth NOK 300 million is substantially less than the firm expected – and now it announces staff dismissals.
Photo: Nerijus Adomaitis/Reuters/Ritzau Scanpix
Photo: Nerijus Adomaitis/Reuters/Ritzau Scanpix

Equinor alloted a range of contracts to the oil service sector on Friday when it dished out deals worth a total of NOK 3.5 billion (EUR 345 million) to four companies hired for a minimum of six years to inspect the oil giant's 30 rigs operating on the Norwegian continental shelf.

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