Join our crew and become one of the 105,934 members that receive our newsletter.

statoil oil rig norway

Norway Union Reaches Wage Deal with Offshore Drilling Firms, Averting Strike

Reuters
Total Views: 50
June 1, 2017

Photographer: Øyvind Hagen / Statoil

ReutersOSLO, June 1 (Reuters) – Norway’s biggest oil workers’ union reached a wage deal with offshore rig owners on Thursday, averting the risk of a strike that could have hit exploration efforts later this summer, the Industri Energi union said.

A number of drilling firms operate off Norway – including Maersk Drilling, Transocean, Fred. Olsen Energy, Odfjell Drilling, Rowan Companies and Songa Offshore – renting out rigs to oil companies.

It was not immediately clear whether two smaller unions, Safe and DSO, had agreed to the wage deal.

Oil companies, including Statoil, Eni and Lundin Petroleum, which rent rigs to search for hydrocarbon reserves, plan to drill a record 15 wells in the Arctic Barents Sea this year. (Reporting by Gwladys Fouche, editing by Nerijus Adomaitis and Susan Fenton)

(c) Copyright Thomson Reuters 2017.

Unlock Exclusive Insights Today!

Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.

Sign Up
Back to Main
polygon icon polygon icon

Why Join the gCaptain Club?

Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.

Sign Up
close

JOIN OUR CREW

Maritime and offshore news trusted by our 105,934 members delivered daily straight to your inbox.

gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.