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Persistent strike plunges oil production in Norway

2020-10-09T18:47:51.778Z


The minority Lederne union is demanding higher wages and the alignment of conditions between different categories of workers.


Social peace is threatened in the Kingdom of Norway.

Oslo had to appoint a mediator to try to put an end to the strike by workers in the oil and gas sector before it put too much strain on the economy.

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Six offshore oil and gas fields have been closed since Monday and seven others will have to cease operations by October 14, when the teams are renewed, if no agreement is reached.

The Johan Sverdrup oil field

(pictured)

, the largest in the North Sea with a capacity of up to 470,000 barrels per day, where Total is involved, could close.

In this case, 966,000 barrels of oil equivalent per day will no longer be extracted, which will represent a reduction of about 25% in the extraction of the largest oil and gas producer in Western Europe.

The strike this week supported oil prices, which hit $ 43 a barrel on Friday

The minority Lederne union is demanding higher wages and the alignment of conditions between different categories of workers.

Employees posted at sea earn more than their colleagues on land, while the latter, thanks to technological advances, increasingly control platforms remotely.

The strike this week supported the price of oil, which reached $ 43 a barrel on Friday.

Hydrocarbons represent 17% of GDP and 43% of Norwegian exports.

The country exports 80% of its crude, mainly to Great Britain, the Netherlands, Germany, Sweden and France.

Source: lefigaro

All news articles on 2020-10-09

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