June 19, 2020 / 4:18 PM / 17 days ago

BRIEF-Neptune Energy Expects About 400 Roles To Be Impacted By Reshaping Proposals

June 19 (Reuters) - Neptune Energy:

* EXPECT ABOUT 400 ROLES ACROSS 9 COUNTRIES TO BE IMPACTED BY PROPOSALS, AROUND HALF ARE STAFF POSITIONS, HALF CONTRACTOR POSITIONS

* DUE TO COVID-19 & ANTICIPATION OF LOWER COMMODITY PRICES FOR LONG TIME, TOLD EMPLOYEES OF PROPOSALS TO RESHAPE SIZE OF ORGANISATION

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