Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Business
cutbacks
earthquakes
gas extraction
Groningen
layoffs
low gas and fuel prices
NAM
Nederlandsche Aardolie Maatschappij
redundancies
reorganization
Monday, 21 September 2015 - 11:26
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

About 2,000 jobs axed at Dutch state fossil fuel amid low prices

Cutbacks and reorganization in gas company Nederlandsche Aardolie Maatschappij will lead to 2 thousand layoffs next year, mostly in companies that work with NAM. A spokesperson for NAM confirmed this to Dagblad van het Noorden. Companies that undertake work for NAM will be hit the hardest, with 1,800 of the 2,000 jobs disappearing there. This involves companies that, for example, is hired by NAM to perform maintenance on its installations. A total of 190 jobs will disappear from NAM itself. The company hopes that no redundancies will be necessary, but cannot guarantee that. The job losses will be spread across the Netherlands and the drilling platforms in the North Sea. NAM announced significant cutbacks in May, stating that the falling gas and oil prices and cuts in gas production due to the earthquakes in Groningen has put the company under financial pressure.

Follow us:

Latest stories

  • Man robbed at gunpoint in latest dating app violent incident
  • Dutch gov’t commits €26 mil. to fight retail vacancy as 80% make online purchases
  • Plan to turn former Arnhem dome prison into a hotel and apartments
  • Reckless driver faces up to 7 years in jail for killing entire family in car crash
  • 6 people arrested in Netherlands and Belgium on suspicion of illegal trade with Russia
  • Badgers again disrupting train traffic; Fewer trains between Tilburg Univ. and Eindhoven

Top stories

  • Police catch second man during investigation into three fatal Rotterdam shootings
  • First responders got stuck in traffic on the way A1 accident in which two girls died
  • At least 1,000 votes from Dutch abroad arrived too late
  • Nine people with Dutch ties leave Gaza Strip
  • Journalist snaps pic of Omtzigt's Cabinet formation note: Low interest in PVV, BBB, NSC deal
  • Boris Johnson allegedly planned military raid on Dutch Covid-19 vaccine factory

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content