Statoil cuts Houston workforce

HOUSTON — Norwegian oil company Statoil began to lay off Houston workers Tuesday, as the company moves forward with a previously announced restructuring.

The oil giant’s job cuts are the latest among energy companies struggling with low oil prices that have cost more than 200,000 jobs across the globe. In Houston, major employers such as ConocoPhillips, Chevron and Halliburton have slashed payrolls, though specific information on the city’s job losses isn’t tracked.

In June, Norway-based Statoil said it would lay off between 1,100 and 1,500 employees and 525 consultants across its international workforce.

Those cuts include an about 15 percent reduction in the company’s U.S. operations through 2016. The company’s website indicates it employs about 1,000 workers in the U.S., mostly based out of Houston.

“On October the 13th we informed our employees in our U.S. upstream business and some key interfacing organizations of their status,” said Statoil spokesman Knut Rostad in an emailed statement. “Regrettably, this has meant that we have had to say goodbye to many good people.”

Statoil didn’t specify the exact number of affected Houston workers.

SHOW MORE