Advertisement Get Started Now With Shutterstock

Norwegian Companies Prepare to Stop All Production of Oil and Gas

Oil and Gas producers in Norway alert a lockout to end the strike on the shelf and shut down all production of oil and gas from Monday to the ned of strike, writes TV2.

Talking to NTB, Oil Industry Association (OLF) information officer Eli Ane Nedreskår said they have no other means for putting an end to the strike. 

The strike among employees on oil and gas installations on the Norwegian continental shelf has lasted since 24 June and has caused more than 2.5 billion NOK (450 million USD) loss for the companies.

With this lockout, all production of oil and gas on the shelf will be shut down to prevent more loses.

– We are in a complete deadlock, where workers require tariff seal in their pension, a requirement we do not have to comply. We hope that they re-evaluate our offer of a wage increase by five percent, but if it does not happen, we want government to interfere, says Nedreskår.

On the other hand, Oil and Energy Minister Ola Borten Moe expressed his concern about OLF’s lockout decision. 

– It will be very serious for Norway and all Europe if the lockout is carried out, said he to Adresseavisen.

Comments

- Advertisment -
Advertisement

Must Read

Comments