"We have issued a 14-day ultimatum to government and the security agencies to fish out the killers of two of our members," AFP quoted Bayo Olowosile, secretary of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN), as saying on Tuesday.
The workers' bodies were found in Nigeria's volatile oil-rich South a week after unknown gunmen kidnapped them.
"PENGASSAN ...calls for full investigation of this cruel murder and the resultant prosecution of those responsible within 14 days, failing which our association may be compelled to take whatever action deemed appropriate to oblige the government to fish out the culprits," the union's representative added.
Nigeria's oil sector had previously warned of a strike, should the killings by local fighters continue, they said.
The country has been suffering from violence in the Niger Delta where foreign oil companies have been targeted by fighters seeking a fairer share of Africa's largest oil reserves.
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