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Norway's oil strike to affect new producction
Petroleumworld
CARACAS
Petroleumworld.com 06 24 06
The Norwegian Oil Industry Association (OLF) said Friday an economic impact would be fell with the strike reducing output and delay new production from several fields,with some 30 operations already affected, although oil and gas production was currently only minimally affected.OLF spokesman Leif Harald Halvorsen said negotiations were deadlocked with the Norwegian Oil and Petrochemical Workers Union (NOPEF). The OLF's chief negotiator told Dow Jones Newswires Thursday he expected the conflict to last weeks, if not months.
Earlier this week, NOPEF spokesman Arild Thiemann said, "We are prepared to strike as long as it takes to get a solution we want." Dow Jones reported.
Norway's Statoil and Norsk Hydro said they expect drilling at some of their largest fields would be affected, including Snøhvit, Ekofisk, Oseberg, Statfjord, Snorre, Gullfaks, and Visund. Statoil's Kristin gas field, ready to get online was already affected by the strike.
Also the strike will afect drilling programs scheduled for 2006 and 2007, of big operators like ConocoPhillips, ExxonMobil, Chevron and Royal Dutch Shell.
Also, the strike is expected to affect oil services companies like Baker Hughes, Schlumberger , Oceaneering International , Halliburton , Weatherford International and Aker Kvaerner, as well as Geoservices, MI Norge, Acergy and other oil service companies.
Besides Statoil, Hydro and ConocoPhillips (COP), the strike could also hit major oil operators such as ExxonMobil (XOM), Chevron (CVX) and Royal Dutch Shell (RDSA), all of which have drilling programs scheduled for 2006 and 2007.
Norway is the world's third-largest crude oil exporter.
Petroleumworld 23 06 06
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