The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Mining / Quarrying Mining And Quarrying Mining Support Service Activities 09.1 - Support Activities For Petroleum And Natural Gas Extraction
15 jobs Number of planned job creations
Announcement Date
1 July 2017
Employment effect (start)
Foreseen end date
Description
Statoil is a Norwegian company operating in the oil and gas industry. This company was established in 1972 and it is the largest company in the country. In recent years, a number of IT-related security incidents have happened. For instance, a cyber attack disrupted oil loading at the company's Mongstad refinery in 2014. This incident led Statoil to create a risk assessing task-force. The internal reports identified potential security problems after risk assessment were carried out. As a result, Statoil decided to move its most "critical" tasks from Indian provider HCL back to Norway. 10-15 new job positions will be established in Norway thanks to the relocation.
Eurofound (2017), Statoil, Reshoring in Norway, factsheet number 120, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/120.
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