What's your prediction as it relates to the possiblity of BP layoffs? Any chatter, news or rumors?
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@34a are they out performing their peers or a turn around proposal?
Will BPX assets get sold?
With TSI the company decided that creepy scammers who stole people's CC info 20 years ago can suddenly do a better job of engineering and running plants remotely from halfway around the world...
MD Spar won’t go and that shows me you have no clue about our assets. Maybe the Spar’s production is declining but it’s producing from the same field as Argos - aka the Mad Dog field. Selling Spar means selling Argos, full stop, and that isn’t happening. We should sell NK and ATL though.
Incoming CEO will start at the EVP level first, SVPs will follow next which determines numbers of VPs therefore removing complexity from the top, upstream / downstream will be split and with less central empires driving the overhead, running costs
The layoffs which I would like to see would be the remaining members of LooneyTunes leadership team. They will be hanging on like grim death in the expectation of a huge severance package. I notice that nobody has jumped in to employ our greatest ever strategist GC so far. Her use of word salad must have gone out of demand.
The portfolio is being reviewed. It will be interesting to see which ones get offloaded. You want to sell and Asset while they still have value to somebody else. I predict Na Kika and Mad Dog spar will be on the blocks in GoA. Garbage gas, Archaea should go but we overpaid for it so it will be a large write-down. Another one of Looney Tunes strategies gone really really wrong. More the reason to give MA the boot. As CFO, why would he agree to such a d-mb acquisition.
We're getting sold or merged mate, with all the attendant layoffs that activity would bring.
Castrol will be gone.
CO2 projects go bye-bye.
What will the incoming CEO do about the "move it all to India" strategy though?