Bloomberg News

Venezuelan Oil Workers on Strike at 30 Wells, El Universal Says

November 24, 2012

Workers at 30 oil wells in the western Venezuelan state of Zulia have gone on strike, paralyzing production, El Universal reported, citing union leader Luis Diaz.

The workers say they haven’t been awarded retroactive pay of 29 million bolivars ($6.75 million) due collectively since July following the renegotiation of contracts, the Caracas-based newspaper reported.

Houston-based Halliburton Co. (HAL:US), Maracaibo-based Petrosema CA, Kuala Lumpur-based Scomi Group Bhd. and Tuboscope Brandt de Venezuela SA have told workers they can’t pay them while they haven’t been paid themselves by state oil company Petroleos de Venezuela SA, El Universal said.

To contact the reporter on this story: Charlie Devereux in Caracas at cdevereux3@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net


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