Statoil investigating if cutbacks impede safety
The comprehensive focus on cutting costs at Statoil could be damaging for safety at the oil company, which over the past two months has suffered eight serious incidents, writes Norwegian media Aftenposten.
BY LOUISE VOGDRUP-SCHMIDT, SHIPPINGWATCH
Statoil is now launching an investigation of whether or not the oil company's focus on cutting costs in a rough oil market has been detrimental to safety standards.
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