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The company plans to reduce number of its employees in those countries by about 20% and number of contractors by about 50% to ensure that its business is profitable in a lower price scenario, the spokesman Erik Haaland told Reuters, adding that the targets were communicated internally on Tuesday.
In addition, this year Equinor will not drill any new unconventional wells in the United States, where it has acreage in the Bakken and Marcellus shale formations.
