A strike by Norwegian offshore oil and gas managers that could have cut output by as much as 440,000 b/d of oil equivalent was averted early Tuesday thanks to a last-minute deal, employers’ group Norwegian Oil & Gas said. The proposed strike by members of the Lederne union over pay and conditions would have affected several fields, including Oseberg Ost, Gjoa, Draugen, Ivar Aasen, Gudrun, and Kristin. A deal was finally reached four hours after the proposed deadline of midnight, averting the strike action that was due to begin Tuesday if no agreement had been reached. “These were very demanding negotiations, but an agreement was finally reached on an economic framework similar to what was offered in the wage negotiations in May,” Norwegian Oil & Gas lead negotiator Jan Hodneland said. Hodneland said the deal was […]