The Silicon Review ^Asia

Norwegian Oil and Gas Association (NOG) stated that the Oil workers are on strike in Norway, and if it continues for another week, the overall production will dip by almost 25 percent. The association is dealing with the Lederne union, which refuses to accept the new pay deal proposed for the offshore workers. The other two unions involved in the tussle are representing almost 85 percent of the offshore workers who have accepted the deal. The initial phase of the strike began on September 30, and it was quickly escalated to the next level on October 4. This move resulted in the shutdown of almost 9 percent of the entire oil and gas production of Norway.

 Equinor operated fields in the North Sea were shut down, and only the giant facility in the Johan Sverdrup is continuing production.  Since last week, 43 members from the Lederne trade union are on strike. The union had mentioned that the strike would continue if the demands are not met. The oil firms have managed to work out a deal regarding the wage bargain, and the officials have reported that the ten days long strike has ended. Oil outage was expected in Norway, but it was successfully averted following the deal.