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Norwegian oil company to quit Alberta, focus on offshore activities in Atlantic Canada

Norwegian oil company to quit Alberta, focus on offshore activities in Atlantic Canada
Business
CALGARY – Norway’s Equinor ASA is decamping from Calgary and moving staff across the country to St. John’s as the company is no longer interested in Western Canada’s oil and gas opportunities and will focus on offshore projects in Atlantic Canada.

“The decision to consolidate offices was made to improve organizational efficiencies in our Canadian business and align with our updated Canada business strategy,” Equinor Canada Ltd. spokesperson Alex Collins said in an emailed statement, adding the company is also laying off about 30 per cent of its 120-person Canadian workforce.
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