Financial Ports

Norway’s offshore wage peace shattered as Reach Subsea strike begins

CLAVE 1 / 4An arbitration panel ruled wage terms from the Oil Services Agreement now apply to the Well Services Agreement until May 31, 2028.

CLAVE 2 / 4Six offshore employees at Reach Subsea walked out on strike after mediation collapsed at midnight on October 16.

CLAVE 3 / 4The strike follows a month-long summer dispute that included a lockout before arbitration was agreed on July 14.

CLAVE 4 / 4Reach Subsea is assessing the operational and financial impact while maintaining dialogue with union SAFE.

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