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Exxon’s Norwegian Oil Fields at Risk of Strike Shutdown


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Exxon’s Norwegian Oil Fields at Risk of Strike Shutdown

Business

Category: Energy

Three oil fields operated by ExxonMobil Corp. in the Norwegian North Sea could be shut by a strike if mediation with a union over pensions fails, cutting about 50,000 barrels of crude output a day.

The Safe union will order as many as 154 offshore-platform workers to walk out if the talks fail, paralyzing production at the Ringhorne, Jotun and Balder fields, the group’s leader Hilde-Marit Rysst said by phone. Though the date for a possible walkout has been set at June 16, a strike could start earlier or later, depending on the date of the mediation, which has yet to be scheduled, she said.

“We expect Exxon to take the hint,” Rysst said. “We expect this to be dealt with either before or during the mediation.”

Source: Bloomberg

Published: October 4, 2022