Thread regarding ExxonMobil Corp. layoffs

@gx no ! we keep you for now

Me

Fawley maybe

@ds at some point all the high value projects will be developed, and the industry will have to pivot to lower value / lower return projects just to satisfy demand. At this point the market will have to adjust (higher oil prices) or there will be a significant supply shortage until that adjustment. Get ready for higher than ever oil/gas prices, the only question is when.

Hopefully DW

@OP ask DW at the next employee forum

Just look at what is being chased for the Horizon challenge. Projects that have failed to launch after being discovered decades ago and worked many many times already.

Ventures or vultures?

There are a few in uncon that has a lot of people STH. Spending money like dr sailors .ventures or adventures ?

@bc people in the BP and Shell boards are saying they only have low-value assets too. Is the industry dying?

EMTEC isn't low value, it's no value.

Definitely EMTech. The new support model does not call for their services anymore. If you’re not supporting asset, then you’re just overhead.

All we have left are low value assets

You want EMTech on the wall! You need EMTech on the wall! Without EMTech, who would solve all your engineering needs?

All Canadian sites are making good money inspite of paying through the nose for ever degrading support from emtec and .....as always emit

@OP EMTEC

May be one of the ventures?