- Workers on Norwegian offshore oil drilling rigs sign a new wage agreement, beating today's deadline and avoiding a strike.
- Nearly 300 rig workers had threatened to strike if the talks failed, including staff on Rowan's (NYSE:RDC) Viking and Gorilla rigs, and on the Statoil-operated (STO) Heidrun, Statfjord, Aasgard, Volve and Oseberg fields.
- Workers will get only a small pay raise but those being laid off will have the right for a two-year period to be rehired if an employer increases staffing.