Norway Labor Min Calls Parties In Oil Conflict To Meeting

Norway Labor Min Calls Parties In Oil Conflict To Meeting

Norway's minister of labor has called oil companies and unions to meet with her Friday in a bid to resolve a 13-day-old strike that is threatening to escalate next week, the Ministry confirmed Friday.

The meeting, which is to be held at 1600 GMT, comes after Statoil ASA and other companies represented by Norway's Oil Industry Association threatened to lock out workers and shut down production on the Norwegian continental shelf starting Tuesday in the hope of forcing an end to the strike that has put upward pressure on oil prices and crimped revenue.

Oil companies and three unions representing offshore workers --Safe, Industri Energi and Lederne-- have been negotiating on wages but are clashing over employee demands for better pension terms.

Copyright (c) 2012 Dow Jones & Company, Inc.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Logistics Analyst I (Road) - Direct Hire
Expertise: Logistics Management
Location: Houston, TX
 
Logistics Analyst II (Road) - Direct Hire
Expertise: Logistics Management
Location: Houston, TX
 
Contracts Manager III - A
Expertise: Contracts Administration|Supply Chain Management
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $53.87/BBL 0.48%
Light Crude Oil : $50.73/BBL 0.79%
Natural Gas : $3.33/MMBtu 2.14%
Updated in last 24 hours