Transocean Says Nigerian Labor Strike Resolved

Transocean Inc. said that a communique has been issued by the Nigeria Labour Congress that instructs striking personnel to cease their action and allow personnel to depart the four company drilling rigs involved in the labor dispute offshore Nigeria. Striking personnel are now cooperating and have granted access to the rigs, and the company has begun transporting non-essential personnel to shore. Arrangements are also being made to replace essential personnel whose earlier planned departure had been delayed by the strike.

The jointly signed communique was issued as the result of a meeting today in Abuja, Nigeria, chaired by the Nigeria Labour Congress and attended by Transocean management, leadership of local and national labor unions, the Federal Ministry of Labour and Productivity and the Nigeria National Petroleum Corporation. The labor unions represented at the meeting were the National Union of Petroleum and Natural Gas Workers of Nigeria (NUPENG), whose local branch was responsible for the strike, and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The situation on all four rigs remains calm and orderly.

The strike by members of the local branch of NUPENG began on April 16 on the semisubmersible M.G. Hulme, Jr. and on April 19 on the semisubmersible rig Sedco 709 and the jackup rigs Trident VI and Trident VIII. The strike was allegedly called to protest disciplinary proceedings against certain personnel belonging to NUPENG.