If you watched the 3 DW videos on the internal homepage, the 2nd video sounded like we are in store for an enterprise wide overhaul to be announced by the end of the year?
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I will take the nre package in a second. I want out of here to work on my business. How true is it? I am waiting for my pip.
What's happening with Denbury?
PIP in LCS is already starting. Many upper ranked people moved to LCS at formation have been forced down through a distribution process into bottom quintiles. So many will need to be cut with LCS projects being uneconomic. Plus someone needs to be sacrificed for the poor results of Denbury and H2. Lesson: never transfer to an uneconomic unit or project. Always stay in the best assets in the prime business lines.
@k6 not in UK anymore. Government only likes dirty oil that comes from china/India/Russia.
There's only money to be made in some nice big greasy oil wells!!! Yeehaw...let's drill!!!
Reorgs= so called hi pos have to be relevant.
@j0 import terminal baby
@j0+1k1vtwvp1 If you can sell out of France, UK is a piece of cake.
Someone explain to me why anyone would buy the UK business. There must be lots of easier ways to make money.
Upstream report coming end of the year
@b9 when? I am NRE, Ranked NI. No mention of anything you write here.
Time to tell the Engine #1 nitwits to go pound sand. Shut down LCS and reallocate folks to where money is actually made….O&G.
Which site OilBoiler?
All of the LCS people should have been let go, not crammed into EMTEC and uncon, etc. infecting us with their stink.
Hahaha bring it !!
Low carbon solution dead. No more govt money. Going all in on USA oil production
Only sure things in life: death, taxes, pips and a useless reorg
@by another North Atlantic acquisition?
Dear exxon. Please offer a package for everyone to leave if they want to.
@b9 Damn, got an E
@by by who?
who is eligible for NRE?
@bn+1k1vtwvp1 UK business sale is all but confirmed for 4q25.
There are rumours about the Benelux sites also being considered for acquisition, but no firm info to substantiate.
Europe sell-off?
I heard that NREs with NSI/NI/G will be offered to retire. Service Credit up to age 55 and retiree medical will be provided. Sweet!!!
Rumors of a retirement package in November.
Every good reorg rolls out on April 1
AEST?
I’m hearing some pretty good shakeups at our site on September 1.
Break out the popcorn.
Apparently making billions was just not enough.