The week long strike at the US$65.13 billion (AUD 70 billion) Curtis Island, Australia LNG projects ended Friday when union workers and San-Francisco based Betchel Engineering reached an agreement.
The workers were locked in a weeks long dispute with Betchel, the constriction firm working on all three sites, over work cycles for fly-in-fly out workers.
The strike was led by the Construction, Forestry, Mining and Energy Union (CFMEU) and began last Thursday. Three other unions were also involved.
Union members wanted shorter work cycles for these workers.
The agreement increases several financial benefits, including a US$9.31 (AUD 10) per day progress incentive payment that will increase to US$ 27.94 (AUD 30) per day in November, Australian Mining said.
The work cycles won’t be changed.
The strike disrupted construction at the three LNG sites projects located in Curtis Island, Queensland.
The projects are led by BG Group, Virginia-based Santos and Australia-based Origin Energy.
Betchel had placed an injunction against the union and 72 named individuals on Wednesday.
The agreement will lift the injunction.
The strikers primarily targeted the ferry terminals to the Curtis Island sites.
The first site was expected to begin production in December 2014.
Betchel hasn’t said if the projected start date has changed and didn’t specify when work on the sites will resume.