An eight-hour dis­cus­sion be­tween Petrotrin and the Oil­field Work­ers' Trade Union (OW­TU) has failed to bring any res­o­lu­tion.The dis­cus­sion was held be­tween man­age­ment of Petrotrin, in­clud­ing its pres­i­dent Khalid Has­sanali and the OW­TU, a re­lease is­sued yes­ter­day by Petrotrin stat­ed.Among the is­sues dis­cussed were prof­it shar­ing for the 2009/2010 pe­ri­od.

The re­lease stat­ed that there con­tin­ues to be dif­fer­ing po­si­tions on this is­sue–OW­TU is claim­ing that Petrotrin owed the em­ploy­ees vari­able pay for 2009/2010, while Petrotrin is main­tain­ing that based on the au­dit­ed fi­nan­cial state­ments there was a loss for that year."The OW­TU in­sists that we pay an es­ti­mat­ed $145 mil­lion in vari­able pay for the pe­ri­od 2009/2010, al­though Petrotrin suf­fered a loss," the re­lease stat­ed.

How­ev­er, Petrotrin in an ef­fort to en­sure the con­tin­ued op­er­a­tions of the com­pa­ny made an of­fer to pay an ad­vance to­wards the 2011/2012 vari­able pay.This of­fer was re­ject­ed by OW­TU, the re­lease stat­ed, with the meet­ing be­ing ad­journed with­out a clear res­o­lu­tion.Petrotrin de­scribed Fri­day's turn of events as re­gret­ful, say­ing they are open to fur­ther dis­cus­sions.The com­pa­ny al­so re­mind­ed em­ploy­ees that work stop­page at this time would neg­a­tive­ly im­pact their rep­u­ta­tion as a re­li­able sup­pli­er.