Thread regarding ExxonMobil Corp. layoffs

Exxon reduces production at Chad oilfield following worker protests

21 October 2021

(Reuters) - Exxon Mobil said on Wednesday it had temporarily cut back production at its unit in Chad and reduced staffing in the country to essential personnel following worker protests against a proposed sale of its stake in the Doba oilfield.

Local workers have held strikes and protests https://www.reuters.com/business/energy/exxon-workers-chad-vow-continue-strike-2021-06-28 since June over Exxon's talks with UK-based Savannah Energy to sell its 40% stake in the field and its 40% interest in the Chad-Cameroon oil transportation pipeline.

The workers say Exxon has refused to guarantee they would be paid severance benefits if the concession is sold to another company and they are laid off.

"For the safety and security of our employees and contractors, ExxonMobil’s affiliate, Esso Exploration and Production Chad, has temporarily shut-in its production site and reduced staffing in N’Djamena to essential personnel," the company said in a statement.

The Doba field produced gross 33,700 barrels of oil per day (bopd) on average last year.

(Reporting by Aaron Ross; Editing by David Gregorio)

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| 1446 views | | 8 replies (last October 22, 2021) | Reply
Post ID: @OP+1dqMhlGN

8 replies (most recent on top)

Same thing happening here in the USA. Asset sales happen to underperforming assets,

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Post ID: @1gjj+1dqMhlGN

@rds+1dqMhlGN — Exxon did the same thing with Esso Norge way back in the day. Staff walked in to work one day to find they were now employed by a different company.

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Post ID: @gja+1dqMhlGN

Awww, how cute, special people are revolting, let us know how that works out for you in Africa.

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Post ID: @bga+1dqMhlGN

I do, I am, it’s great! Loving life!

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Post ID: @ycz+1dqMhlGN

@zrj+, so eat pie and... get fat (if you're not already) ! :D

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Post ID: @iai+1dqMhlGN

Boring… I prefer to eat pie.

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Post ID: @zrj+1dqMhlGN

ExxonMobil thought that they could sell their assets in Chad and Cameroon “under the counter” to a ”junior junior”, without providing the employees with any guarantee on their long term commitments with regards to the benefits (mainly the pension plan). They thought they would get away with it but it didn't work. Or at least it didn't go as smoothly as they had imagined.

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Post ID: @rds+1dqMhlGN

Wow..we really do work for slimballs!

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Post ID: @uyf+1dqMhlGN

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