All the major tailings projects and others are well are being pushed to be completed by mid 2027. Also, it's a lot of cost to move the control room to Edmonton due to fiber cost and they haven't even started it yet. This is very clear that the want to sell the asset.
Just wondering what's the plan once they sell the asset will the employees who moved to Edmonton be laid off? as the new company possibly CNRL or Suncor employees will handle the upstream asset.
Please provide insights if you have
@197 only if you su-k at your job or are redundant.
@16g if iol get bought out, then we are facing another restructuring and layoff. The future of your job will then again be up in the air
@10f there is no future at IOL. Hoping to get bought out by Suncor or CNRL isn't a strategy. Best to skip IOL altogether and just focus on landing a job somewhere better (Suncor, CNRL, Cenovus, midstream cos).
@15g actually there is a dedicated loop provided that connects QP to Aspen to Kearl with dedicated redundancy to all the control rooms to be in QP, I think you are misinformed
Don’t comment on things you don’t know. What has cost of fibre got to do with control room move? The fibre is provided by Telus, Bell, etc. IOL did not run a fiber from Kearl to Calgary.
@10f
Honestly, have you been reading what’s going on? Why would you want to? Unless you are desperate or use it to get what you want and leave in 3-5 years.
So long story short should I take the E.I.T position or not? What you guys suggest?
@ms I think you mean India.
If they sell, the new company will lay off much of management and other redundant staff. Bloated, nonsensical, Imperial "investments" will be phased out. Benefits will align with said company. Staff that can't cut it afterwards will be cut themselves. Exxon will only promote Imperial as a benefit to the company until they sell because it is in actuality, a liability that has nowhere to go but down. No matter what they tell the shareholders.
@OP If you think the cost of moving the control is what's hinging on Kearl being sold, you're sorely mistaken. The fiber ring has been in the works at Strathcona for quite some time. The cost to move the control room from the scale of the total office space is nominal and irrelevant. The bigger opportunity would be to run the facility from Houston HQ control rooms.
Honestly, at this point Suncor and CNRL sound like a dream. Bring it.
@an it’s clearly visible now with the pace at which they want to complete the projects.
Why would you assume they have a plan? You're overestimating MCs' foresight.
Perfect. Severance pay in 2028 fits well with my plan. Sorry @OP you should have picked a different company.