I heard all jg2 TLs have got promoted, and are hiring more people, thought exploration was on its deathbed in Shell...obviously not in the USA...or am i missing some underhand cut that is coming?
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Any bet if MG will retire given the announcement of changes to EC-1 and -2?
My guess is yes.
Agree. There were bad management decisions years ago to promote the folks they now have into leadership roles, who are too young and don't have the experience needed. These leaders play by the same old book- promote your friends. What we have are a bunch of jg2+ who have no clue and lack experience. Mexico exploration is in the same boat. UPD we need you to fill the funnel with NFE; it's the only way to fund the transition (and my retirement). Don't expect anything good from exploration.
I’m not really a proponent of exploration, but it’s been >5 years since we’ve had a commercial find in the GOM (Whale). With reserves replacements starting to look bleak in the near future maybe we do need some more (or better) geologists
They are essentially adding another layer of management. The net of this is progressive backfilling of JG2+ positions until you get to the technical staff (no progression for you!)
What you heard is just a rumour. This is categorically false. There's a tiny bit of reorg. Some (very few) members of the "in" group (not the right ones) are getting promoted.