@cx+1jjjq0wz5 look at the operated boepd / headcount for MCBU and compare that to the top STAC assets and you will see how bloated it is. The Hurricane forecast is probably correct.
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@af+1jjjq0wz5 no way. MCBU is 1/3 of the entire company's production and runs leaner than other BUs (though still bloated compared to peers). All the HR DEI staff are being gutted.
So quiet that i could hear MW giving Cramer an ol' fashioned in San Ramon
Too quiet.........
Long as the check clears, we’re good
No layoffs for site personnel? Clearly this person has not been to Barrow Island better known as Superannuation Island or the 401k playground for our American friends.
The calm before the storm!
Hurricanes forecast for MCBU
Cyclones forecast for ABU
High cost BU cutbacks = > savings
The only teams where there won’t be layoffs are….
HR
Govt Approvals
PGPA
Legal
Senior Management
Doc Control (not enough savings)
Subsea initially (limited specialised experience)
Site personnel excluding TAR
MCPs focus next phase of ENGINE transition mid 2026
All other departments and teams are in for major changes and layoffs
tick tick tick tick
At least they are not water boarding us