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Norway labour union agrees wage deal, averting strike at Schlumberger

12/02/2020 | 09:23pm EST

OSLO, Dec 3 (Reuters) - Norway's Safe labour union has come to an agreement with employers over wages and other conditions at oil service companies, it said on Thursday, preventing a strike among workers.

The bargaining covered drillers, well service crews and other workers at oil industry subcontractors Schlumberger , Baker Hughes, Vetco Gray, Weatherford, Subsea 7 , Halliburton and Oceaneering.

Norway is western Europe's top petroleum exporting nation. Some 262 Schlumberger employees had been due to strike if the talks failed, hitting the drilling of new oil and gas wells but not ongoing production. (Reporting by Terje Solsvik, editing by Gwladys Fouche)

© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AKER BP ASA -3.06% 224.9 Real-time Quote.4.02%
BAKER HUGHES COMPANY -1.69% 22.17 Delayed Quote.6.33%
DNO ASA -4.59% 7.614 Real-time Quote.10.86%
ENI S.P.A. -1.45% 8.542 Delayed Quote.-0.07%
EQUINOR ASA -1.57% 163 Real-time Quote.12.45%
LONDON BRENT OIL -1.92% 55.07 Delayed Quote.8.61%
LUNDIN ENERGY AB -1.36% 239 Delayed Quote.7.51%
OKEA ASA -5.11% 13 Real-time Quote.26.21%
SCHLUMBERGER LIMITED 0.91% 24.41 Delayed Quote.10.81%
SUBSEA 7 S.A. -0.17% 81 Real-time Quote.-7.79%
WEATHERFORD INTERNATIONAL PLC -7.66% 6.9165 Delayed Quote.15.28%
WTI -1.77% 52.063 Delayed Quote.10.00%
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