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HRT slashes staff and pay in Q3

Brazil independent HRT carried out a sharp downsizing in the third quarter after it failed to discover commercial oil onshore Brazil and off Namibia.

HRT results: Company takes big writedown, slashes staff and compensation
HRT results: Company takes big writedown, slashes staff and compensation
Published 14 November 2013, 18:35Updated 11 October 2016, 13:23