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23/05/2017at 09:15

French oil giant makes huge cuts in Norway

The French oil giant Total is dismissing up to 140 employees in Norway. The company's Norwegian activities will also be reduced by up to 25 percent.
Photo: Harald Pettersen - Statoil
by SØREN SPRINGBORG

Although the oil crisis has been declared over by many and the oil price over the past half year has stabilized to approximately USD 50 per barrel, it is not all celebration among oil companies.

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