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Norway's top oil drilling union agrees wage deal

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OSLO (Reuters) – The largest labour union representing workers on Norwegian offshore oil drilling rigs has agreed to a new wage deal, it said on Friday, averting the risk of a strike that could have hit exploration efforts later this year.

Industri Energi, which represents more than 4,000 drilling workers, said in a statement the deal would give members a “solid increase” in pay.

It was not immediately clear however if two smaller unions, Safe and DSO, had also agreed a deal with employers.

Companies drilling on behalf of oil firms in Norwegian waters include Transocean <RIG.N>, Fred. Olsen Energy <FOE.OL>, Odfjell Drilling <ODLL.OL>, Rowan Companies <RDC.N>, Maersk Drilling <MAERSKb.CO> and Seadrill <SDRL.OL>.

Oil companies, including Equinor <EQNR.OL>, Eni <ENI.MI>, Aker BP <AKERBP.OL> and Lundin Petroleum <LUPE.ST> rent rigs to search for hydrocarbon reserves off Norway.

(Reporting by Oslo newsroom)

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