In an 11th-hour move, Norway’s government on Monday stepped in to force the country’s oil industry and unions into mandatory arbitration to resolve a weeks-long strike over oil worker pensions.
The dispute has raised eyebrows in Norway, where oil and gas workers are already the world’s best paid, raking in an average $180,000 a year. Offshore workers clock 16 weeks a year but cite tough conditions for their call for early retirement at 62.
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