Nigerian Oil Union Shuts Down Halliburton Operation Over Job Cuts
LAGOS, May 26 (Reuters) - Nigeria's main oil union has shut down the local operations of U.S. oilfield services provider Halliburton Co in protest against job cuts, the trade body said on Tuesday.
Tokunbo Korodo, Lagos chairman for the National Union of Petroleum and Natural Gas Workers (NUPENG), told Reuters the group halted operations on Monday saying it was opposed to Halliburton's decision to sack 46 local staff members.
The union accused Halliburton of not following due process.
Halliburton's staff cuts in Nigeria are part of a company-wide jobs cull announced earlier this year to counter a sharp downturn in global oil prices since last summer that has shrunk profits.
In April, the company, which provides drilling services to Royal Dutch Shell PLC and Chevron Corp in Africa's top oil producer, said it had cut 9,000 jobs, or about 10 percent of the global workforce, and that more were planned.
"Halliburton is in conversations with the union to resolve the pending issues," a company spokeswoman said via email. "We will continue to monitor the business environment and will make additional adjustments...as needed," she said.
She declined to comment on how many jobs had been cut or what operations were impacted.
The shutdown was confirmed by another oil industry trade union - Petroleum and Natural Gas Association of Nigeria (PENGASSAN) - which said the U.S. company sacked trade union executives in an attempt to weaken the bodies representing workers' rights, Emmanuel Ojugbana spokesman for PENGASSAN said.
(Reporting by Chijioke Ohuocha and Tife Owolabi in Lagos and Edward McAllister in New York; Editing by Alexis Akwagyiram, James Macharia and Marguerita Choy)
WHAT DO YOU THINK?
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.
- Weatherford CEO's Rebound Plan Relies On Getting Smaller
- Iran Says Oil Market Is Too Tight For US Zero Exports Target
- China's Squeezed 'Teapots' Eye Petchem Path To Riches
- Baker Hughes: US Drillers Add Oil Rigs For Second Week In Three
- Venezuela Hands China More Oil Presence, But No Mention Of New Funds
- ExxonMobil Racks Up Discoveries in Guyana Block Eyed by Chevron
- Oil Market Sentiment Has Improved Significantly
- EU, US Eye Collaboration on Nuclear Materials
- EU Electricity Export to Ukraine Up 94 Percent in Two Years
- China Coal Output Falls for First Time since Government Ordered More
- USA Driving Activity to Increase to All-Time Highs
- BP Pulse Buys One of Europe's Largest Truck Stops
- UK CCUS Plans Outdated: Think Tank
- TC Energy to Sell Prince Rupert Gas Pipeline Project to First Nation
- I Squared Eyes Full Ownership of Europe Gas Storage Firm
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- Rystad Looks at the Buzz Around White Hydrogen
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension