STATOIL ASA, the Norwegian oil giant, said it will lose about 115 million Norwegian kroner ($19 million) a day due to a strike by offshore workers, and said that deliveries to customers could be disrupted. About 700 oil workers are striking after wage negotiations broke down Sunday due to a disagreement about retirement age
STATOIL ASA, the Norwegian oil giant, said it will lose about 115 million Norwegian kroner ($19 million) a day due to a strike by offshore workers, and said that deliveries to customers could be disrupted.

About 700 oil workers are striking after wage negotiations broke down Sunday due to a disagreement about retirement age.

At 1323 GMT, shares were down 0.4% at NOK134.90.