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Statoil will restart all of its production on the Norwegian continental shelf, including the output at its Oseberg field, following the government’s decision to impose compulsory arbitration.

The company said it may take one to two days to commence production and full production may start within a week.

The parties in the offshore pay settlement were informed by Hanne Bjurstrøm, Norwegian Minister of Labour, that they are now able to resume work.

Statoil’s installations, including the Oseberg Field Centre, Oseberg South, Oseberg East, Oseberg C, Heidrun, Huldra, Veslefrikk and Brage, will now restart production.

The Norwegian Oil Industry Association (OLF) had earlier announced an impending lockout for all members of unions, including Industry Energy, Organisation of Energy Personnel and the Norwegian Organisation of Managers and Executives, which will not come into force.

The affected parties will now meet in the national wage arbitration tribunal, which will make a binding decision on the on-going labour dispute.

Image: Statoil will now resume production from its Oseberg Field Centre. Photo courtesy of Øyvind Hagen / Statoil.