Remember when people said being close to the wellhead was a safe place. How is that working out in Guyana these days? We no longer want to operate anything.
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It is our new operating model! The new model is to not operate! We fired everyone who knew how to operate so couldn’t do it if we tried.
Hence, “ExxonMobil Holdings Corporation” instead of “Exxon Mobil Corporation”
Future looks like Management Committee leading all third-party, independent contractors like Uber and Door Dash. It’s the best way to pay your employees the lowest wages while overfilling their own pockets. ‘Merica
Even if we wanted to operate at this point the people who could have all been piped
Capital projects business model in the 21st Century is:
"We Own The Assets, A 3rd Party Operates the Assets."
EM should no longer be called the Operator in Guyana. They are a Manager.