EMCC European Monitoring Centre on Change

Aker BP

Company/Organisation:
Aker BP

Geographic Location

Country: Norway
Region: Norge

Company

Sector: Mining / quarrying
Mining and quarrying
06.10 - Extraction of crude petroleum
Number Employed: 2300

Employment Effects

Announcement Date: 22-04-2020
Planned Job Reductions min: 250
Type of Restructuring: Internal restructuring
Employment Effect Start: 22-04-2020
Other Job Reduction Measures: 250

Additional Information

Oil company Aker BP is terminating its contracts with 250 of its 700 consultants currently working for the company, in response to falling crude oil prices. Aker BP is reducing its activity, which will likely also entail dismissal of a significant number of permanent employees in the near future. Final numbers are yet to be announced and will depend on ongoing anlyses related to future levels of activity.

The scale and nature of the remaining restructuring will be decided after deliberations with union representatives. The union has stated that it expects contracts with consultants and temporary workers to be terminated before permanent employees are dismissed, and that the union is now focusing on ensuring that the restructuring is conducted in a fair manner. 

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