Thread regarding ExxonMobil Corp. layoffs

Brazil Research Center Pure Cost Center

What is the deal with the Brazil research center? 100% cost sink. Can anyone name a single thing of value coming out of that place? What are we getting for the money we are spending there?

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| 993 views | | 4 replies (last April 1, 2025) | Reply
Post ID: @OP+1jqegdkqn

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@e7+1jqegdkqn What EM oil and gas business do we have innBrazil? A single OBO FPSO operated by Equinor?

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Post ID: @tc+1jqegdkqn

Name one useful thing that we have gotten for all the money we have spent?

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Post ID: @tb+1jqegdkqn

What business do we have in Brazil other than drilling dry holes on leases we overpaid significantly for? People should have been fired over the last round of Brazil incompetency.

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Post ID: @f7+1jqegdkqn

It’s there to satisfy the Brazilian government and facilitate EM O&G business in the country. It is not there to do real research.

Similar to STC.

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Post ID: @e7+1jqegdkqn

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