Dallas-based Halliburton will cut 46 workers from its Norway operation due to a drilling work downturn in the country.
The company will initially make 23 workers redundant and will temporarily layoff an additional 23 workers, Norwegian news source Stavanger Aftenblad said.
Halliburton managers said reduced work orders and decreases in offshore drilling and well activities forced the company to implement the cuts.
The company’s management said its Norway operations will be facing a “challenging” business environment in 2015, Upstream said.
The layoffs and redundancies will most likely affect personnel working with the drilling, drilling fluids and maintenance and onshore operations.
Halliburton’s cuts are just the latest in a wave of layoffs and redundancies that have hit Norwegian contractors due to investment pullbacks and maintenance delays from Norway’s Statoil.
Last week, UK-based Subsea 7 said it will lay off 100 to 150 employees as project delays and cost cuts by Statoil hit the company’s orderbook.
Multiple Statoil contractors including Germany-based engineering company Bilfinger, Norway-based services companies Aker Solutions and Aibel and Norway-based engineering company Apply Sorco have all announced redundancies and layoffs.