Norwegian offshore oil workers continue their strike

July 17, 2018 12:46 pmComments Off on Norwegian offshore oil workers continue their strikeViews: 205

Norwegian offshore oil workersNorwegian offshore oil workers continue their strike in demand for better pay and retirement conditions. The heads of companies in this area, however, have not agreed to the demands of trade unions. The owners of the companies say that the trade unions do not understand the economic realities on the continental shelf of Norway.

So far, workers’ protests, which began last week, have had very little effect on oil production in the region. However, companies fear that the strikes may last for months, resulting in contracts being defaulted.

Equinor (former Statoil), the largest Norwegian oil company, said it did not expect to be hit by strike action in the “short term”. The company’s management, however, does not specify what means in short term.

But because of the protest, one of the fields where Shell operates in the region – Knarr, which yields almost 24,000 barrels of oil equivalent per day, was discontinued.

There are already 900 workers on the oil platforms involved in the strike, and the trade union organizations warns that all 2,250 members can join. According to Norwegian statistics, about 50,700 people work in the country’s oil industry. Half of them are personally engaged in the extraction of the raw material.

A few days ago, the International Energy Agency (IEA) warned that disruption in North Sea yield is one of the factors that could lead to a rise in world oil prices.

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