Norway Oil Firms, Workers Agree 2.8% Wage Rise



Norway Oil Firms, Workers Agree 2.8% Wage Rise
Norwegian oil firms and their employees agree to a wage deal that gives workers on offshore oil and gas rigs a pay rise.

Reuters

OSLO, May 4 (Reuters) - Norwegian oil firms and their employees early on Friday agreed a wage deal that gives workers on offshore oil and gas rigs a 2.8 percent pay rise for 2018, the companies said.

Labour unions separately confirmed a deal had been reached.

Under the country's system of collective bargaining, workers would not have had a right to go on strike this year even if talks had broken down.

The agreement comprising 6,942 people included oil workers, drillers and service staff managing canteens and other facilities, was in line with other recent collective bargains.

The companies involved were Statoil, ConocoPhillips , Aker BP, Eni, Neptune Energy, Lundin Petroleum, Shell, Repsol, Wintershall, Point Resources, Sodexo, Ess Support Services, Coor Service Management, 4Service Offshore Hotels and KCA Deutag.

(Reporting by Terje Solsvik Editing by Shri Navaratnam)



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