News

This year’s negotiations for the collective pay agreements which the Norwegian Oil and Gas Association is a party to begin on 18 May. A number of settlements are due to be reached.

The tragic helicopter crash off Turøy outside Bergen on Friday affects the whole industry, and it has therefore been decided to postpone negotiations over the offshore pay agreements.

This is a deeply tragic day.  Our thoughts first and foremost go to the family, friends and colleagues that are affected by this accident at Turøy.

This year’s negotiations for the collective pay agreements, which the Norwegian Oil and Gas Association is a party, to begin on 2 May. A number of settlements are due to be reached.

Investment on the Norwegian continental shelf (NCS) will continue to decline in 2016 and 2017. Work currently under way in the companies will of itself reduce capital spending by cutting costs in individual projects. The downturn is expected to rever