NGA in Rig Settlement Pact with Industri Energi

Laxman Pai
Sunday, September 29, 2019

The Norwegian Shipowners' Association (NGA) reached an agreement with Industri Energi and SAFE in the Mid-Term Settlement for employees on mobile offshore units, drilling and catering on permanently placed facilities on the Norwegian Continental Shelf, after mediation at the national Mediator’s Office several hours past deadline.

The result involves a general wage growth of 3,6%. A strike among under 1600 rig workers is thus prevented.

"For the sake of the competitive situation and jobs on the Norwegian Continental Shelf, it is essential that we have avoided conflict and feel both parties have had to give and take," said the head negotiator for the NSA, Jakob Korsgaard, CEO of Maersk Drilling Norway.

The mediations turned out to be very demanding, NGA said in a statement.

Categories: Legal Contract Rig

Related Stories

Eelume Partners with Exail

Chevron CEO's Pay Rose 12% to $26.5 Million in 2023

Renewable Energy Funds See Outflows on Concerns Over Growth, Policies

Current News

Türkiye Aims to Drill for Oil Off Somali Coast Next Year

Prysmian Appoints New CEO

Oilfield Firm SLB's Profit Rises on International Drilling Demand

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Subscribe for OE Digital E‑News