Norway oil workers agree to wage deal, averting strike (updated)

Okea ASA

08/05/2024 05:31

(Adds background in paragraphs 3-5)
       OSLO, May 8 (Reuters) - Wage talks between Norwegian oil
firms and three labour unions ended in a deal on Wednesday,
industry and union officials said, averting the risk of strike
action later this year that could have hit supply.
    Unions Lederne, Safe and IE&FLT came to an agreement with
companies, industry group Offshore Norway said.
    Norway produces around 4 million barrels of oil equivalent
per day, almost equally divided between oil and natural gas.
        The Nordic country became Europe's largest gas supplier
after Russia cut its deliveries amid the war in Ukraine. 
  
        The wage agreements cover 7,300 workers at more than a
dozen oil companies and suppliers, including Equinor  EQNR.OL ,
ConocoPhillips  COP.N , Aker BP  AKRBP.OL  and Vaar Energi
 VAR.OL .
  

 (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)
 ((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters
Messaging: nerijus.adomaitis.thomsonreuters@reuters.net))