WOR 1.29% $14.17 worley limited

Another sign macro hydrocarbon environment trending up Sorry for...

  1. 249 Posts.
    Another sign macro hydrocarbon environment trending up

    Sorry for poor translation best I could get.

    http://www.skipsrevyen.no/rosenberg-vil-telle-800-hoder-ved-utgangen-av-2017/

    Several large orders creates security for the Stavanger-based shipyard Rosenberg, and enables them to take back 150 laid off, and hiring 200 new people.
    This is encouraging news for marketing Ivar Kristian Sløveren and colleagues Rosenberg Worley Parsons AS.
    - Before the oil crisis we were up in 750 people, but we had to cancel 150 and lay off 150. They laid off, we now again. Also, we employ 200 new people as well, so we get a proper curve here, says Sløveren to skipsrevyen.no.
    He expects rapidly until the end number is 800 employees during the year, thus becoming the more than before the oil crisis occurred. New orders allows Stavanger enterprise now has the opportunity to increase staffing.
    It is particularly projects related to oil platforms Johan Sverdrup and Martin Linge which allows the company will need new resources.
    - In addition, we are in an early phase design of the connection of Skarfjell to the Gjøa platform that was announced a week ago. It means that we also have better prospects in engineering since here with us. We see that the market in general looks good on oil related projects. There is significant activity for Norwegian shipbuilding industry. It looks good in the next five years on it. Therefore we dare to employ, he explains.
 
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