Oil companies’ property help revealed
Employees get help from their employer to buy a property.
In Aftenbladet’s continuing focus on employee benefits, another article shows Eni Norge is no exception.
Below are answers from some companies.
BP: “That’s correct. Employees have the option of subsidised bank mortgages.”
ConocoPhillips: “Newly employed people who have moved here get a lump sum plus 30 percent addition to their base salary for 12 months."
ExxonMobil: “We have special arrangements for those who are newly established, and a loan scheme for all our employees, otherwise.”
GDF Suez: “We have subsidised loan schemes for all employees buying a house, and transitional arrangements for those who move here.”
Marathon: “Marathon Oil offers employees subsidised mortgages and a moving remuneration for new out-of-town employees.”
Talisman: “We subsidise part of the mortgage interest rate as part of our compensation package for employees.”
Total: “That’s correct. New employees are offered the opportunity of a mortgage.”
The price of a barrel of North Sea oil has not been lower for over two years. Oil prices remaining below USD 100 per barrel will mean several projects no longer being profitable and cuts could be bigger.
The Norwegian energy giant and partners have completed seismic acquisition.