Trade unions to hold more 24-hr strikes at Total N. Sea oil fields

A 12-hour strike by 45 workers that shut down production at three of Total’s North Sea oil platforms ended as planned at midnight yesterday.

 But UNITE the trade union has scheduled further 24-hour stoppages on 6 and 20 August and a 12-hour strike on 13 August at the Alwyn, Elgin and Dunbar platforms if it is unable to agree new rotas with the French oil giant.

 No formal talks with Total are planned before these latest schedule strikes, but some informal contact is ongoing, a UNITE spokesman said.

Separately, the GMB union has confirmed that its members working on Equinor’s Mariner platform had received a pay offer from their employer oil services firm Aker Solutions to avoid strike action.The offer is the same as for those represented by UNITE.

A spokesman for UNITE said that a third ballot for strike action for workers at the Offshore Contractors Association had not yet gone out. This ballot will be sent to 2,500 workers in oil services in the North Sea.

Meanwhile, sliding Brent crude futures were on track for their biggest monthly loss in two years yesterday after a Reuters survey showed OPEC’s oil output hit a 2018 high in July, re-igniting concern about supply overtaking demand.

Brent has fallen by around 6 percent in July in its largest one-month slide since July 2016.

A Reuters survey on Monday showed the Arab-dominated OPEC oil producing cartel had increased production in July by 70,000 barrels per day (bpd) to 32.64 million bpd, a high for the year.

And Russian energy minister Alexander Novak said last week that Russia’s output will hit a new 30-year high of 11.02 million bpd this year.

But OPEC has pledged to offset the loss of Iranian supply as upcoming US sanctions have already started to cut exports from the cartel’s third-largest producer.

1 Aug 2018

Pixie Energy

Pixie logo Pixie Energy is an incubator and a facilitator of strategic research and project work, focusing on energy regulation, policy and markets at the local and national level. Find out more about Pixie Energy here.

Local Energy Matters: Scotland

Local Energy Matters: Scotland is a free-to-download brochure with a focus on energy tariffs in the two Scottish electricity distribution regions, as well news on local energy and low-carbon schemes.

Previous editions can be download here.

Scottish energy market overview

You can read an overview of the Scottish energy market here.

Scottish Government energy feed