Monadelphous was facing a second weekend-long strike from union members protesting pay, working conditions and calling for a new Enterprise Bargaining Agreement.
Last weekend an alliance of union members, called the Offshore Alliance, went on strike leaving Monadelphous scrambling to replace workers for shifts on Saturday and Sunday.
The strike was considered Protected Action giving workers immunity under the Fair Work Commission.
Today Energy News confirmed that Monadelphous had called a meeting with union members and was seeking to quell any future protests.
"As part of our good faith bargaining Offshore Alliance have agreed to meet with Monadelphous to discuss important issues including pay and working conditions. We have agreed to pause industrial action at this time," AWU branch secretary Brad Gandy told Energy news this afternoon.
"I am optimistic we can come to an agreement. However, should the meeting be cancelled we will conduct further protected action."
The Offshore Alliance is calling for higher wages, better working conditions and job security.
It also holds concerns that Monadelphous is standing down employees without pay when operations are disrupted, and want regular rosters.
In a statement provided to Energy News a Monadelphous spokesperson said the delivery of safe, reliable and efficient services remains the company's key focus.
"We remain focused on reaching a fair and reasonable outcome, aligned to current market conditions, for all parties under our Maintenance Services Enterprise Agreement," the spokesperson said.