Norway oil and gas workers’ strike could cut about 8% of output ...Middle East

OSLO: A planned strike among Norwegian oil and gas workers next week could cut the country’s overall petroleum output by around 8% unless a last-minute agreement is found over wage demands, a Reuters calculation showed on Friday.The conflict over wages between oil companies and offshore platform employees could slash gas production by more than 10% at a time of high prices and tight supply in Europe.Norway’s Lederne union, which on Thursday announced that its members had voted down a wage deal and would start a strike on July 5, said on Friday that the conflict would sharply escalate from July 6 if no bargain was made.Provided that six fields are shut on the second day, as the union says is

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