Thread regarding BP PLC layoffs

Which Offer Should I Take? BP vs Oxy

I recently graduated with my MSc in Reservoir Engineering after getting a BSc in Petroleum Engineering. I went to my school's career fair this fall and was able to interview and receive an offer from both BP and Oxy. Similar positions (Res Eng) but BP offers $3K/year more salary, 10% target bonus, and a $10K signing bonus. Oxy offers 15% target bonus and no signing bonus.

Obviously the short-term money is better at BP but I'm nervous about the future of the company and me being there long-term. The BP CEO has openly stated they want to move away from oil to focus on wind and solar and also plan to decrease oil production 40% by the end of the decade which aren't very comforting to hear. Any thoughts from current/former employees on which offer I should take and why?

I posted the same thing on the Oxy page for more opinions.

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Post ID: @OP+1dqUUe1w

5 replies (most recent on top)

You sound a little unhinged pal. BP is a great place to work and O&G profile will stay strong for many years to come while diversifying. A much surer bet that some mid cap oiler!!

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Post ID: @6rmc+1dqUUe1w

Go with OXY. Don't go to bp. They are a sinking ship and benefits are slowly being taken. They over work you and under pay for the hours you put in. They don't appreciate you either. The same small few get opportunities because they are connected to the top by family and friends. The nepotism here is way worse than anywhere else I've worked. Bp is awful. The other postings on this board are accurate and true. There are like two managers who have been tasked to come on these boards to try and discredit what people are saying. Don't be fooled.

People are leaving this place all the time. Also, its frowned upon to move from BPX to BP. If you apply within the company to make that transition and then you don't get the job then they fire you. They are moving away from oil and gas and you will not have a bright future here.

Go elsewhere, I promise you will be thankful you did. Go read other posts and learn how bad it is.

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Post ID: @6gcq+1dqUUe1w

Oxy, hands down. I worked at BP before coming to Oxy. BP used to be great to work for, but it got progressively worse, and is still getting worse according my friends over at BP with whom I still am in contact. Oxy sucked when I first joined but it progressively is getting better. OXY’s vision is awesome and is heading the right direction. It’s hard work, but I get recognized and rewarded here. I would never go back to BP, which is a sinking ship heading towards the Bermuda Triangle. I’m with Oxy for the long haul and plan on retiring here at Oxy. Oh by the way, you get every other Friday off here at Oxy. At BP, you do not. That itself is a huge advantage of Oxy over BP.

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Post ID: @1gsn+1dqUUe1w

This is not a make it or break it decision. Take whichever one you feel is a better fit for you now. You are just starting out, chances are you will never retire at either corporation. Focus upon building your experience and CV for the next 5-10 years and roll with it.

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Post ID: @xed+1dqUUe1w

Oxy is tiny it’s not a supermajor. BP kicks it’s bu-t

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Post ID: @vpk+1dqUUe1w

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