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Finwire

Aker BP announces major reorganisation – workforce to be reduced

Norwegian energy company Aker BP is planning a major reorganisation as the company’s major development projects are completed next year and operations are shifted towards smaller subsea projects.

CEO Karl Johnny Hersvik says the workforce will be significantly reduced, but does not want to confirm whether this could involve up to 1,000 employees, reports Dagens Næringsliv.

The company has around 3,500 employees and 1,500 contracted consultants. The management team is being reduced from 17 to 11 people at the same time. Among other measures, Aker BP will use more automation and artificial intelligence and cut the time for new field developments to less than half of today’s level.

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