Energy
0

Norway Oil Strike Set to Escalate

Norway Oil Strike Set to EscalateNorway Oil Strike Set to Escalate

Norway’s ship-owners and two oil unions said on Saturday they planned no compromise talks to end a five-day strike over wages and pension benefits before a planned escalation of the stoppage from Monday. Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, closing Shell’s Knarr field, which produces 23,900 barrels of oil equivalent per day, Reuters reported. One of the unions, Safe, plans to escalate actions from Monday and send 901 more workers on strike. The stoppage will have no immediate impact on oil and gas output. The Norwegian Ship-Owners’ Association said it planned no contact to resolve the strike before the deadline and was considering countermeasures instead. “A middle way is not a solution. Our position is unchanged. I don’t think that there will be any contact during the weekend,” the Ship-owners’ Association’s chief negotiator, Jakob Korsgaard, told Reuters. The Safe union also said on Saturday that it expected no contact before the planned escalation.

 

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com