Oh no it isn't, at least thats what the BBC are reporting this morning.
Quote
Workers battling against the use of foreign labour at North Lincolnshire's Lindsey Oil Refinery have refused to accept a deal proposed in Acas talks.

The suggested solution came after talks between unions and the refinery owner.

There were reports that about half of the disputed 200 jobs would be offered to British workers, but workers have been told it would be less than 25%.
Unquote