Norway Unions, Industry in Talks to Avert Oil Strike

Article title
Mediation is taking place between Norwegian oil workers and the industry in an attempt to avert an oil strike at GDF Suez and Exxon platforms.

Reuters

OSLO, June 17 (Reuters) – Mediation between Norwegian offshore oil workers and the industry began on Tuesday in an attempt to avert a strike at GDF Suez and ExxonMobil platforms, the Norwegian Oil and Gas Association said.

The unions have said they will initially put 230 oil workers on strike, cutting Norway's oil output by an estimated 100,000 barrels of oil per day, or about 7 percent of total capacity, if the mandatory talks at the state mediator's office fail.

The deadline for the talks is midnight on Tuesday (2200 GMT), although that may be extended by a few hours if the parties agree to do so.

Norwegian oil output averaged 1.5 million barrels per day in the first five months of 2014, according to data from the Norwegian Petroleum Directorate.

The talks cover some 3,500 offshore oil workers, and are centred on unions' demands regarding pension rights.

The Norwegian Organisation of Managers and Executives (Lederne) said it planned to put 76 workers on strike on the GDF Suez-operated Gjoea platform, if the talks fail.

That could also affect output from the Statoil-operated Vega field, tied to facilities at Gjoea.


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