NEWS ARCHIVE

Nigerian strike over, repercussions just beginning

Transocean Inc said the strike that has crippled four of its rigs in the Nigerian Delta for the last two weeks has effectively ended. All crew who were due for rotation, and their captors, have returned to shore. No injuries were reported and no arrests were made.

The end to the siege came after a communique by the Nigeria Labour Congress ordered the striking personnel to cease their action and allow the remaining personnel to leave the four rigs.

The company is attempting to get the rigs back to full production as quickly as possible and meetings have been scheduled to address the strikers' concerns.

Over 250 workers were held hostage for two weeks on the four rigs stationed 25 miles off the Nigerian coast, with the navy making plans at one stage to storm the rigs to release the captives.

The strike has exacerbated tension in the country's oil fields with another international company, Tracer Exploration, dropping its planned joint venture with West Africa Energy Ltd in the Sao Tome and Principe developments following the political strife and associated violence.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.