• Norway Oil Worker Talks Hold 6% of Production in the Balance - Bloomberg

    Norway is facing the first oil worker strike since 2012 as government-mediated talks for platform workers approach a Friday midnight deadline.
    Should the talks fail, more than 700 workers will walk off the job, affecting fields run by Exxon Mobil Corp., Engie SA and Wintershall as well as drilling operations at Statoil ASA. About 6 percent of the oil and gas output in western Europe’s largest producer will be halted, according to the Norwegian Oil and Gas Association.
    Should a strike materialize, output at fields such as Balder, Gjoea and Vega will see production cut, according to the group. While the walkout will include KCA Deutag Drilling Norway AS employees on Statoil ASA platforms, including on Oseberg and Gullfaks, Statoil will maintain production even as drilling operations halt, Morten Eek, a spokesman for Norway’s largest oil company, said on Wednesday.