₦airaland Forum

[b]Shell's retrenchment sends jitters through Nigeria[/b][size=14pt]

Shell's plans to retrench one in every four workers in its Nigerian operations has spurred concerns in the country's oil patch. Workers' Unions in Mobil, Chevron, and other big operating companies are asking their respective managements to confirm if they have such a plan as Shell's, especially as Shell's announcement was something of a surprise.
But the situations are different. Until 1997, Shell was producing 850,000-1,000,000 b/d of oil, averaging nearly half of Nigeria's total production. But heightened disturbances from people living in communities in Shell's areas of operations, coupled with the poor funding of operations by Shell's joint venture partner-state-owned NNPC - has forced production down to less than 700,000 b/d for much of this year. The collapse in the price of crude oil has caused NNPC to scale down its spending. This year, NNPC wants to spend $2 billion on servicing its joint venture obligations, whereas, the six joint venture partners - Agip, Chevron, Elf, Mobil, Shell, and Texaco - are asking for $3.7 billion.

The reduction in Shell's production has favored some competitors. Mobil has averaged 570,00 b/d of oil, in addition to 93,000 b/d of condensate, and Chevron is doing an average of 440,000 b/d of oil. These figures are less than what the companies planned to do for 1998, but Nigeria's reduction in OPEC quota has led to reining in of production. Even so, they would have been forced to produce less if Shell were not hampered by community activists who keep shutting in the company's pipelines.

Shell has had a recent history of staff cuts. Only in 1995, it asked a number of middle cadre staff to take voluntary retirement and gave each of them a package of incentives to do so. This was the second such act in 10 years, coming after the 1986 package, which was caused by the price drop. As of early February, the staff was skeptical that the incentives would be as much as the 1995 package. A Shell spokesman said that the forthcoming exercise will cut across all strata of employees, including expatriate staff, irrespective of gender, ethnicity, and religion. He said that the company had evolved a set of criteria which include those who voluntarily wish to retire and those to be retired compulsorily. Other staff to be affected are those who have performed poorly over a reasonably long period, those with low utility competence, and those who have reached the peak of their careers without further room for growth - The Offshore Magazine

soapdish:
hellooooooooooooooo everybody

Top of the morning to all Shell hopefuls.

@Robbie lex
How are you?.

tosat:
i think he was just having fun and expected us to rush to the defense which we did

onavae:
@cutesy,
i hail o. u always brighten up any thread u enter. i pray say we go jam for shell at last o. u will b very interesting to work with.

soapdish:
@Cutesy
You can call me whatever u like, I'm not going to reply u in kind this time. The fact is I like Robbie Lex, there I'v said it, YOU ARE NOT GONNA STOP ME

soapdish:
I want to wish Cutesy a lovely night sleep. Meanwhile what is with you and Robbie Lex?. Will like to know. No dey vexxxxxxxxx eh or else,

Night night yah all, till tomorrow.

onavae:
@cutesy,
Thank God for the banks, sory i mean thank God for u.

Sky-walker:
Wait,I don't get it.This guy said he learn t GTB is looking for marketers. Is there anything wrong with GTB's Website?At least it would be posted on their website and you can fill your application online.
Besides,Is this guy willing to Print all your cvs in and go and submit it himself?

Welcome to 2008

tonix88:
Guys thanks for your various comments. I will like to appeal to those who have attended the interview in the past to let us in to what it is like.
Some of us are billed for interviews in January.
Wishing all housemates a blissful 2008.
God Bless us.

tonix88:
hi guys,
i just got a mail from shell informing me that they will contact me soon for an interview. Though i can't place the position i applied for actually but i think its something finance related. Please if there is anybody with similar message please indicate.
Cheers

Robbie Lex:
Hi,

What do you mean you can't place the position you applied for? its either you did the sitp thing or you did the mangement one (hr/fin) i'm not sure about interviews though, Because i think the SRD has been rounded up,
who sent you the email? have you already done your test and interview? exactly what stage in your application process are you?

zaksman:
My bank of choice is gtb,because they sent me emails and text messages for each transaction made free of charge. They also povide online banking system for their customers.