Norwegian Unions Say O&G Workers Could Strike

About 755 Norwegian workers on seven oil and gas fields could go on strike from Saturday, hitting output from western Europe's top producer, if a new wage deal is not agreed before a Friday deadline, trade unions said on Monday.

News ID: 66118

Date: 28 June 2016 - 10:39

According to MANA,A final round of mandatory talks will be hosted by a state mediator on June 30 and July 1 in an effort to avoid disruption that could start the following day.

The affected fields account for nearly 18 percent of Norway's oil output and a little more than 17 percent of its natural gas, Reuters calculations show.

Employers have argued that a plunge in oil prices since 2014 must be accompanied by cost cuts and flexible work practices to help to keep the industry competitive.