Officials from U.K. unions GMB and Unite participated in discussions May 6 to resolve the ongoing dispute over unilateral changes to working conditions covered by Offshore Contractors Agreement in U.K. waters.
Members of both unions have already voted in a consultative ballot to go ahead with an official ballot for strike action over the imposition of these unilateral changes including the work rosters. Shop stewards from both unions covered by the agreement are scheduled to meet in Aberdeen on May 13 to consider the outcome of the talks and the progress of the dispute.
On March 27, Reuters reported that working conditions under consideration for changes included rota changes, rates of pay, sick pay and holiday patterns.
Recommended Reading
Talos Energy Expands Leadership Team After $1.29B QuarterNorth Deal
2024-04-25 - Talos Energy President and CEO Tim Duncan said the company has expanded its leadership team as the company integrates its QuarterNorth Energy acquisition.
Energy Transfer Ups Quarterly Cash Distribution
2024-04-25 - Energy Transfer will increase its dividend by about 3%.
ProPetro Ups Share Repurchases by $100MM
2024-04-25 - ProPetro Holding Corp. is increasing its share repurchase program to a total of $200 million of common shares.
Baker Hughes Hikes Quarterly Dividend
2024-04-25 - Baker Hughes Co. increased its quarterly dividend by 11% year-over-year.
Weatherford M&A Efforts Focused on Integration, Not Scale
2024-04-25 - Services company Weatherford International executives are focused on making deals that, regardless of size or scale, can be integrated into the business, President and CEO Girish Saligram said.