MHWirth, a provider of drilling solutions and services, is reportedly laying off 100 of its employees from several locations in Norway.

The company has offices in six Norwegian cities including Stavanger, Oslo and Bergen. MHWirth is headquartered in Kristiansand and it has around 1,500 employees there.

According to NRK Sørlandet, that quoted the spokesperson for the company, this downsizing is in line with the plans that the company announced earlier and that there are no plans for further reductions.

NRK further reports that competence and seniority were considered during the process and that the underlying reason for the downsizing is a weak market.

“We still have a good backlog with many major projects that are under implementation and will be delivered as well as a great service, and equipment orders,” NRK quotes the spokesperson as saying.

Offshore Energy Today reached out to MHWirth for confirmation and more information regarding the location of the affected positions. We are yet to receive the company’s response.

Source: www.oilandgaspeople.com

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