Daily Management Review

Oil production may stop in Norway due to strikes by trade unions


According to Reuters, Norwegian oil workers' unions plan to strike on June 12 if they cannot agree on a wage hike, which could result in a partial shutdown of oil production.

Rod Jones
Rod Jones
Workers want salary increases that are higher than inflation. They are also asking other contract revisions, although the specifics have not been revealed.

Industrial Energi and Lederne union members, in particular, plan to strike at eleven permanent offshore sites, including the Njord A, Gudrun, Valhall, and various Oseberg platforms, as well as at three mobile service units.

The Lederne union claims that 74 workers will take part in the strike. Equinor's oil output on the Gudrun, Oseberg South, and Oseberg East platforms could be impacted. The leader of the union assured the news agency that gas production should not be hampered.

Employees may go on strike, according to Industrial Energi (Norway's largest oil and gas union, with 4,300 members). This could disrupt production.

"A hypothetical strike in the first instance would only effect a small number of people, but we may escalate if necessary," Industrial Energi chief negotiator Lill-Heidi Bakkerud stated.

source: reuters.com