Representatives to Meet Mediator Friday Amid Norway Oil Workers Strike
October 09 2020 - 4:10AM
Dow Jones News
By Dominic Chopping
The organization representing oil-and-gas companies operating in
Norway and union officials are set to meet with a state mediator
Friday as the two sides try to end a strike that could cut
Norwegian oil and gas production by 25%.
Wage talks between the Norwegian Oil and Gas Association and
trade union Lederne broke down last week and led to 54 workers
going on strike from midnight on Sunday, shutting down six North
Sea fields.
Another 93 union members are set to strike this weekend which
could force the shutdown of a further seven fields.
So far, the six fields already shut down produce 330,000 barrels
of oil equivalent a day, compared with total production of
oil-and-gas on the Norwegian shelf of about 4 million barrels of
oil equivalent a day.
Should the strike escalate and last beyond Oct. 14, the loss of
production will total 966,000 barrels of oil equivalents, nearly a
quarter of total Norwegian output.
The Lederne union wants higher pay rises than were proposed for
its members this year and wants equal pay and conditions for
workers who have been moved from working offshore into jobs working
at control centers onshore.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
October 09, 2020 03:55 ET (07:55 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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