⁍ Norwegian oil firms struck a wage bargain with labour union officials on Friday, ending a 10-day strike.

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⁍ The strike had threatened to cut the country’s oil and gas output by close to 25% next week.

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⁍ Norwegian oil workers are among the highest paid in Europe but earn less than those in Australia or North America.

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– Oil workers in Norway have ended their 10-day strike after a last-minute wage deal was reached Friday, the AP reports. The walkout began Sept. 30 and had threatened to cut the country’s oil and gas output by around 25%. According to Reuters, oil companies and labor union officials met Friday with a state-appointed mediator to try to end the strike. Oil firms and union officials met on Friday with a state-appointed mediator to try to end the strike in western Europe’s biggest oil and gas producing nation. Friday’s meeting was the first with the state mediator since the strike was announced on Sept. 30, although informal talks had been taking place. Under the wage deal for offshore workers, Aker BP and Equinor both agreed to include provisions for land-based staff at their onshore control rooms, a key demand of the Lederne trade union. The settlement also included a commitment from oil firms to sign a broader, long-term agreement by April 1, 2021. Wages will also increase, according to Lederne, although this was in line with what other workers in the industry had obtained. The strike’s first production outage began on Oct. 5, amounting to 330,000 boed, with an additional shutdowns due this weekend at six fields operated by Equinor, ConocoPhillips, ConocoPhillips COP.N, and Wintershall Dea. Equinor’s Johan Sverdrup oilfield, the North Sea’s largest with an output capacity of up to 470,000 barrels per day, had been scheduled to close on Oct. 14 as a result of the strike.