Norway oil firms, workers agree wage deal in principle, avert strike for now

OSLO – Norwegian oil companies and staff have agreed in precept a brand new wage deal, avoiding for now a strike at 9 fields that might have hit the nation’s petroleum output, employers and unions mentioned on Sunday.

Two of the three unions that negotiated with oil companies will search approval from their members earlier than they formally approve the deal, the foyer representing employers and two union leaders advised Reuters.

“Settlement. No strike. However Lederne and Secure (commerce unions) ship the outcomes to a referendum (of) their members,” a spokesman for the Norwegian oil and fuel foyer mentioned.

“They should reply (by) June 30.”

Some 845 staff out of about 7,500 staff on offshore platforms had deliberate strike motion from June 12 if the annual pay negotiations with employers failed, commerce unions Secure, Industri Energi and Lederne had mentioned.

The biggest of the three unions, Industri Energi, has agreed a wage deal and won't search approval from its members, it mentioned in a press release.

The chief of the Secure union mentioned it could search the go-ahead of its members earlier than approving the negotiated deal.

“Secure has come to the conclusion that we'll ask our members earlier than we both signal or go on strike,” Hilde-Marit Rysst advised Reuters.

The chief of the third union, Lederne, later confirmed to Reuters it could do the identical as Secure.

The oil business foyer, the Norwegian Oil and Gasoline Affiliation (NOG), had mentioned a strike “may have an effect on” output however declined to say by how a lot.

All three labour unions had mentioned they'd, not less than initially, search to forestall a minimize in Norway’s pure fuel export at a time of tight provide in Europe.

The Industri Energi union had mentioned it could additionally search to defend crude oil manufacturing from influence, whereas Lederne mentioned its members would goal oil. Secure had not mentioned whether or not a strike by its members would have an effect on oil output.

Norway pumps simply over 4 million barrels of oil equal per day, half within the type of crude and different liquids and half from pure fuel, making it a serious international power provider.

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