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Equinor to cut jobs, considering oil price fall
Aug. 27, 2020
Source: Reuters

Equinor to cut jobs, considering oil price fall

Equinor is set to cut jobs significantly in the United States, Canada and Britain to compensate to a fall in oil prices They plan to cut employee numbers in those countries by about 20% and contractor numbers by around half. Equinor will also not drill any new unconventional wells this year in the United States, where it has claims in the Bakken and Marcellus shale formations.

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