Norway Oil Strike Averted

June 26, 2014

Norwegian labour union SAFE has agreed a wage deal with offshore oil producers, it said on Thursday, averting a strike at several ExxonMobil Corp fields which would have cut output.

"There will be no strike among SAFE's members (working) on the continental shelf," union leader Hilde-Marit Rysst said in a statement.

The deal had already been approved by other unions but SAFE had held out, requesting time to consider the proposal.

A strike would have cut output by about 50,000 barrels of oil per day.

SAFE said a disagreement over pensions at some companies had been resolved in local negotiations and it believed the overall deal it had reached with oil companies was the best it could realistically achieve.

(Reporting by Balazs Koranyi; Editing by Terje Solsvik and David Holmes)
 

Logistics News

Mexican Port Acquires Two Large Quay Cranes

Mexican Port Acquires Two Large Quay Cranes

Port of Antwerp-Bruges Launches Europe’s First Electric Tugboat

Port of Antwerp-Bruges Launches Europe’s First Electric Tugboat

AAPA Pushes Back on Chinese Crane Tariff Plan

AAPA Pushes Back on Chinese Crane Tariff Plan

Wilson Sons Eliminates Emissions Using 100% Renewable Energy at Rio Grande Container Terminal

Wilson Sons Eliminates Emissions Using 100% Renewable Energy at Rio Grande Container Terminal

Subscribe for Maritime Logistics Professional E‑News

Investcorp invests $500 million in the expansion of Oman’s Port of Duqm
After tariff truce, US freight industry expects a boost in demand for back-to school supplies
Poor bean quality is a problem for weekly cocoa deliveries in Ivory Coast