8 February 2023
RMT Press Office:
RMT response to Norwegian oil and gas company Equinor profits
Responding to Norwegian oil and gas company Equinor profits of over £60bn, offshore workers' union RMT general secretary Mick Lynch said: "Equinor has made exorbitant profits off the back of offshore contractors, many of them from Britain, who have suffered stagnating wages, insecure work and are forced to make their own pension arrangements.
"The grotesque profits at Equinor need a serious response, including conditions of licence, a guarantee of trade union rights and recognition that exists in the Norwegian sector of the North Sea.
"Offshore workers are growing increasingly angry about the amount of profit and dividends being ripped out of the industry at their expense.”
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