Internal restructuring
Location of affected unit(s)
Mining / Quarrying
Mining And Quarrying
Extraction Of Crude Petroleum And Natural Gas
06.10 - Extraction of crude petroleum

250 jobs
Number of planned job losses
Job loss
Announcement Date
22 April 2020
Employment effect (start)
22 April 2020
Foreseen end date


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. 



Eurofound (2020), Aker BP, Internal restructuring in Norway, factsheet number 100424, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100424.