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UPDATE 1-Norway oil, gas union widens six-day drilling rig strike [Reuters]

Transocean Ltd (Switzerland) (RIG) 
Last transocean ltd (switzerland) earnings: 4/29 04:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.deepwater.com
Company Research Source: Reuters
UPDATE 1-Norway oil, gas union widens six-day drilling rig strike | Reuters Reuters Staff 2 Min Read (Adds reaction by Norwegian Shipowners’ Association) By Lefteris Karagiannopoulos OSLO, July 16 (Reuters) - A Norwegian union for workers on offshore oil and gas drilling rigs stepped up a six-day strike on Monday that has hit oil output after employers did not respond to demands for higher wages and pension benefits. The union is adding 900 workers to the strike, under a plan announced last week, after failing to win concessions before a midnight (2200 GMT) deadline since almost 700 workers on the rigs went on strike on Tuesday. “The escalation takes place from midnight as planned,” Safe union spokesman Roy Aleksandersen said just before the deadline. The workers on the offshore oil and gas rigs went on strike after rejecting a proposed wage and pension deal. Employers, represented by the Norwegian Shipowners’ Association, said on Monday the union “lacked understanding of the economic Show less Read more
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