Well as it turned out not just the 2- or 3 ratings were included in scope!
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All of CNAEP Land is doing the RAE and anyone who has received a 2- or 3 in the last 3 years is under scope and will know their fate by around 8/11. The good news if no consultants are involved, purely HR and management. This could be good or bad depending on what you manager thinks of you.
GOM is reducing workforce by 20% plus terminating 300-400 working Tier 2/3 assets being sold. around 800 total. Cuts include Lafayette office closure but VP Illane made it clear in townhall that Covington personnel in scope of reductons too. When Big Foot numbers added to the bleeding red financial plan expect more cuts in 2016.
Hmmm unconventionals on land operations going in factory mode combined with offshore stuff. Yea makes sense.
MCBU and GOM merger??? Why? Wouldn't DWEP make more sense... Especially since they operate in the same basin. Interesting rumor though...
That seem logical
I heard MCBU and GOM might merge.
What is going on in Covington?
What about TVEX (Tahiti Vertical Expansion) Project? Anyone heard about the future of this project?
RAE - August
ROM- September
WOBF-waiting on big foot
Lafayette closing is all anyone's heard, hopefully
Don't know. What have you heard?