NewStats: 3,262,079 , 8,176,022 topics. Date: Saturday, 31 May 2025 at 05:51 PM 3y6n17

ScofieldBello:
You are the one who needs to read more.
When you say Shell 'business', you would mean nothing but Upstream, Downstream, Project & Technology, and Global Function. That isn't what tells which is Int'l or local.

There is no such thing as Shell Local and Shell International. Nothing further

Focusedaliu:

oga abeg share with your boy [email protected].

I wud be grateful if you could plz share your idea.. [email protected].. God bless

Finally!!!!!... 60 pages don land!!! shell una do well oooo

You guys have spare energies...o. In a forum where people contribute using pseudo names, I'm wondering of what use it is to fight to show relevance or level of your intelligence or information. These your arguments about knowledge of shell as a company is just uncalled for

yungmin:
You guys have spare energies...o. In a forum where people contribute using pseudo names, I'm wondering of what use it is to fight to show relevance or level of your intelligence or information. These your arguments about knowledge of shell as a company is just uncalled for

You dey mind them?

yungmin:
You guys have spare energies...o. In a forum where people contribute using pseudo names, I'm wondering of what use it is to fight to show relevance or level of your intelligence or information. These your arguments about knowledge of shell as a company is just uncalled for

Can I tell you something. You can't get anything serious as it concerns this job opening on this thread other than the fact that phone interviews have been ongoing and SRD slated for january next year. Arguments like the above may seem unnecessary but they are learning points. We learn daily. Conflict is needed to bring the best out of a team / group but it has got to be maturely and not interfere the work flow.
I wanted to ask peeps who followed dammyspencer advice if they got any response. Email senders, did you get any response? If yes, pls share.
I read somwhere questions like this may be asked during interviews. " what do you think the price of oil would be in the next year? With reasons" . If you got smart answers, pls respond.

COOLCATS:
" what do you think the price of oil would be in the next year? With reasons" . If you got smart answers, pls respond.

In the light of the recent happenings and pronouncement by OPEC, the elevated levels of production will continue, and the global oil market will remain oversupplied.

Also, with Iran already getting in the heat of the “market share war”, OPEC is more likely to raise the “current” production ceiling of 30MMbpd in recognition of Iran’s entry, rather than cut. This will pressure crude oil price in 2016, say Q1 - Q2 and hopefully OPEC will meet before its scheduled June 2016 meeting if prices get too low in their views.

In summary, Oil prices ain't going up for a while.

davide470:

In the light of the recent happenings and pronouncement by OPEC, the elevated levels of production will continue, and the global oil market will remain oversupplied.

Also, with Iran already getting in the heat of the “market share war”, OPEC is more likely to raise the “current” production ceiling of 30MMbpd in recognition of Iran’s entry, rather than cut. This will pressure crude oil price in 2016, say Q1 - Q2 and hopefully OPEC will meet before its scheduled June 2016 meeting if prices get too low in their views.

In summary, Oil prices ain't going up for a while.

Said

Respect!! Respect!!!

davide470:

In the light of the recent happenings and pronouncement by OPEC, the elevated levels of production will continue, and the global oil market will remain oversupplied.

Also, with Iran already getting in the heat of the “market share war”, OPEC is more likely to raise the “current” production ceiling of 30MMbpd in recognition of Iran’s entry, rather than cut. This will pressure crude oil price in 2016, say Q1 - Q2 and hopefully OPEC will meet before its scheduled June 2016 meeting if prices get too low in their views.

In summary, Oil prices ain't going up for a while.

davide470:

In the light of the recent happenings and pronouncement by OPEC, the elevated levels of production will continue, and the global oil market will remain oversupplied.

Also, with Iran already getting in the heat of the “market share war”, OPEC is more likely to raise the “current” production ceiling of 30MMbpd in recognition of Iran’s entry, rather than cut. This will pressure crude oil price in 2016, say Q1 - Q2 and hopefully OPEC will meet before its scheduled June 2016 meeting if prices get too low in their views.

In summary, Oil prices ain't going up for a while.

Good points but at present OPEC pumps more than the ceiling. I think it's about 32 now. I don't see it go up but I think it will remain with little +/- changes. I think the interviewers might be looking beyond the commercial side of this i.e demand and supply. It's apparent the energy companies are having a tough time. They have cut everything "cuttable". My thought is this slump would lead to greater technological development in exploration as companies would want to explore cheaper than what it is. Lesser exploration with great advancement would result to a high price in the near future tho might not be in the next year.
election in the states is also something that may affect price. I can't tell if it would be positive or negative.

COOLCATS:
Good points but at present OPEC pumps more than the ceiling. I think it's about 32 now. I don't see it go up but I think it will remain with little +/- changes. I think the interviewers might be looking beyond the commercial side of this i.e demand and supply. It's apparent the energy companies are having a tough time. They have cut everything "cuttable". My thought is this slump would lead to greater technological development in exploration as companies would want to explore cheaper than what it is. Lesser exploration with great advancement would result to a high price in the near future tho might not be in the next year.
election in the states is also something that may affect price. I can't tell if it would be positive or negative.

OPEC does not pump more than its ceiling because there is no ceiling, every OPEC member has a quota of production which is being adhered to; Saudi Arabia the highest while Iran is making a grand re-entrance. Also, Oil firms are drastically affected by this slurge as profitability occurs if the cost of producing 1 barrel of Oil is lower than the price of Oil, so greater technological development in exploration might not be feasible at this time.

Also, there is not going to be a Lesser exploration with great advancement if non-OPEC (US and Brothers) refuses to cut production, instead, OPEC (Saudi Arabia) would call for increase in production, notwithstanding the cost price.

The Oil war, also called "market share war" is between Saudi Arabia and US & Brothers!

davide470:
OPEC does not pump more than its ceiling, every OPEC member has a quota of production which is being adhered to; Saudi Arabia the highest while Iran is making a grand re-entrance. Also, Oil firms are drastically affected by this slurge as profitability occurs if the cost of producing 1 barrel of Oil is lower than the price of Oil, so greater technological development in exploration might not be feasible at this time.

Also, there is not going to be a Lesser exploration with great advancement if non-OPEC (US and Brothers) refuses to cut production, instead, OPEC (Saudi Arabia) would call for increase in production, notwithstanding the cost price.

The Oil war, also called "market share war" is between Saudi Arabia and US & Brothers!

By this, SRD could be a smooth ride... More of it....

ksstroud:

By this, SRD could be a smooth ride... More of it....

davide470:
OPEC does not pump more than its ceiling, every OPEC member has a quota of production which is being adhered to; Saudi Arabia the highest while Iran is making a grand re-entrance. Also, Oil firms are drastically affected by this slurge as profitability occurs if the cost of producing 1 barrel of Oil is lower than the price of Oil, so greater technological development in exploration might not be feasible at this time.
Also, there is not going to be a Lesser exploration with great advancement if non-OPEC (US and Brothers) refuses to cut production, instead, OPEC (Saudi Arabia) would call for increase in production, notwithstanding the cost price.
The Oil war, also called "market share war" is between Saudi Arabia and US & Brothers!

COOLCATS:
Good points but at present OPEC pumps more than the ceiling. I think it's about 32 now. I don't see it go up but I think it will remain with little +/- changes. I think the interviewers might be looking beyond the commercial side of this i.e demand and supply. It's apparent the energy companies are having a tough time. They have cut everything "cuttable". My thought is this slump would lead to greater technological development in exploration as companies would want to explore cheaper than what it is. Lesser exploration with great advancement would result to a high price in the near future tho might not be in the next year.
election in the states is also something that may affect price. I can't tell if it would be positive or negative.

davide470:

In the light of the recent happenings and pronouncement by OPEC, the elevated levels of production will continue, and the global oil market will remain oversupplied.
Also, with Iran already getting in the heat of the “market share war”, OPEC is more likely to raise the “current” production ceiling of 30MMbpd in recognition of Iran’s entry, rather than cut. This will pressure crude oil price in 2016, say Q1 - Q2 and hopefully OPEC will meet before its scheduled June 2016 meeting if prices get too low in their views.
In summary, Oil prices ain't going up for a while.

I can 100% guarantee you that Shell will never ask you this kind question either during the phone interview or the SRD. , you are being employed as a graduate not as a professional. You can merely discuss this kind question as a brain teaser here. Nothing more!

Omaobe:


I can 100% guarantee you that Shell will never ask you this kind question either during the phone interview or the SRD. , you are being employed as a graduate not as a professional. You can merely discuss this kind question as a brain teaser here. Nothing more!

it is not in the capacity of a professional alone to make hypothesis on what the price of oil would look like in the next year. That is why in the decision making you were asked scenarios only professionals may have answers to.
https://www.glassdoor.com/Interview/Royal-Dutch-Shell-Graduate-Interview-Questions-EI_IE5833.0,17_KO18,26.htm

Omaobe:


I can 100% guarantee you that Shell will never ask you this kind question either during the phone interview or the SRD. , you are being employed as a graduate not as a professional. You can merely discuss this kind question as a brain teaser here. Nothing more!

and I almost questioned whether I was an applicant like these guys. In any case we're all learning so let the vibe continue.

davide470:
OPEC does not pump more than its ceiling, every OPEC member has a quota of production which is being adhered to; Saudi Arabia the highest while Iran is making a grand re-entrance. Also, Oil firms are drastically affected by this slurge as profitability occurs if the cost of producing 1 barrel of Oil is lower than the price of Oil, so greater technological development in exploration might not be feasible at this time.

Also, there is not going to be a Lesser exploration with great advancement if non-OPEC (US and Brothers) refuses to cut production, instead, OPEC (Saudi Arabia) would call for increase in production, notwithstanding the cost price.

The Oil war, also called "market share war" is between Saudi Arabia and US & Brothers!

you might need to update yourself on current OPEC production. it is more than 30 mbpd at the moment.
already , we have lesser exploration . many projects have been stalled, rig count lower than ever but I dont think research and development has . expect technology to have effect on prices as fracking is one reason why the price is what it is

The way the "genre" of this thread just changed...

Observing...

COOLCATS:
you might need to update yourself on current OPEC production. it is more than 30 mbpd at the moment.
already , we have lesser exploration . many projects have been stalled, rig count lower than ever but I dont think research and development has . expect technology to have effect on prices as fracking is one reason why the price is what it is

First: The picture was Production as at 2014. Using Nigeria as an example, we are currently producing less of what was stated, so my "current" production still stands, till Iran 'enter the place'

Second: whenever oil price plunges, the first cost cutting measure is the drastic reduction of explorational activities, and this does not affect production. The rig counts are basically US rigs and the more it drops, the better for "us"

Third: Fracking is a process solely used by the US because of their peculiarity of Oil. No Oil firm outside the US give a hoot about fracking.

davide470:

First: The picture was Production as at 2014. Using Nigeria as an example, we are currently producing less of what was stated, so my "current" production still stands, till Iran 'enter the place'

Second: whenever oil price plunges, the first cost cutting measure is the drastic reduction of explorational activities, and this does not affect production. The rig counts are basically US rigs and the more it drops, the better for "us"

Third: Fracking is a process solely used by the US because of their peculiarity of Oil. No Oil firm outside the US give a hoot about fracking.

@ ur first : http://www.opec.org/opec_web/static_files_project/media/s/publications/MOMR_December_2015.pdf see attached the pic.
@ second , its contradicting saying exploration does not affect production.I will assume you meant current production levels. when there is a decline in exploration , in no time you will see a decline in production. oil wells get dried up thats a reason for exploration. Rig counts are not basically US rigs. do you have an idea how many rigs have been stacked in Nigeria alone. I know of an indigenous company that had about 7 rigs on contract as at last year.presently ,there is no rig on contract.
@ 3rd . would you say fracking is not a reason for the present price ? my point is, technology , whether US or not Us would have an effect on oil price.

I'm just enjoying this thread, but I still have some oil and gas goons that are ghostmoding this thread... Make I no mention names monikers.
@Davide470 and Coolcats, thumbs up.... You just made me to dig more about oil and gas happenings...

davide470:

First: The picture was Production as at 2014. Using Nigeria as an example, we are currently producing less of what was stated, so my "current" production still stands, till Iran 'enter the place'

Second: whenever oil price plunges, the first cost cutting measure is the drastic reduction of explorational activities, and this does not affect production. The rig counts are basically US rigs and the more it drops, the better for "us"

Third: Fracking is a process solely used by the US because of their peculiarity of Oil. No Oil firm outside the US give a hoot about fracking.

Opec is actually pumping above its ceiling now.. And they agreed to continue pumping as much as they can in the last OPEC meeting

Hello cheifengr you tried sending me a mail.............you can forward it to [email protected]

davide470:

First: The picture was Production as at 2014. Using Nigeria as an example, we are currently producing less of what was stated, so my "current" production still stands, till Iran 'enter the place'

Second: whenever oil price plunges, the first cost cutting measure is the drastic reduction of explorational activities, and this does not affect production. The rig counts are basically US rigs and the more it drops, the better for "us"

Third: Fracking is a process solely used by the US because of their peculiarity of Oil. No Oil firm outside the US give a hoot about fracking.

Fracking can be used to improve producibility for tight reservoirs. The US uses fracking to produce a shale reservoirs, cos these reservoirs has little or no permeability.

The. Only way oil price will go up is if US oil production goes down, ISIS oil blocked, or Demand goes up, may b due to upsurge in industrial activities in countries like, China, India, Japan, . And again, we shudnt forget tht alternative energy coming into play also contributes to decline in oil demand.

MyFlair:
The. Only way oil price will go up is if US oil production goes down, ISIS oil blocked, or Demand goes up, may b due to upsurge in industrial activities in countries like, China, India, Japan, . And again, we shudnt forget tht alternative energy coming into play also contributes to decline in oil demand.

The bolded is the most important thing at the moment. Most developed countries are currently looking at alternatives to energy supply in order to reduce the already dying ozone layer and prevent global warming.

COOLCATS:
Good points but at present OPEC pumps more than the ceiling. I think it's about 32 now. I don't see it go up but I think it will remain with little +/- changes. I think the interviewers might be looking beyond the commercial side of this i.e demand and supply. It's apparent the energy companies are having a tough time. They have cut everything "cuttable". My thought is this slump would lead to greater technological development in exploration as companies would want to explore cheaper than what it is. Lesser exploration with great advancement would result to a high price in the near future tho might not be in the next year.
election in the states is also something that may affect price. I can't tell if it would be positive or negative.

I will like to modify, I think you meant that "lower cost of exploration and not lesser exploration(ing a msg dat exploration is reduced) as a result of technological advancement will increase the Oil rent and not higher price" price of crude is a function of demand and supply to a large extent, if technology is affecting it at all its going to drop the price further, what technology can do is increase profit which I think shell will be happy about and I'll like to add lower cost of production(function of technology as well).

davide470:
OPEC does not pump more than its ceiling because there is no ceiling, every OPEC member has a quota of production which is being adhered to; Saudi Arabia the highest while Iran is making a grand re-entrance. Also, Oil firms are drastically affected by this slurge as profitability occurs if the cost of producing 1 barrel of Oil is lower than the price of Oil, so greater technological development in exploration might not be feasible at this time
Also, there is not going to be a Lesser exploration with great advancement if non-OPEC (US and Brothers) refuses to cut production, instead, OPEC (Saudi Arabia) would call for increase in production, notwithstanding the cost price.
The Oil war, also called "market share war" is between Saudi Arabia and US & Brothers!

On behalf of geobukky and geobukky I disagree, that is the solution, very feasible... Dats why dy invest alot in R&... if they don't drop the cost who will, shey uniport or oau

Omaobe:

I can 100% guarantee you that Shell will never ask you this kind question either during the phone interview or the SRD. , you are being employed as a graduate not as a professional. You can merely discuss this kind question as a brain teaser here. Nothing more!

Baba fear go catch you wen boiz pieces that question ooo... Berra expect it... It's pure logic... Dy will expect a graduate to know one or two things about it..

COOLCATS:
you might need to update yourself on current OPEC production. it is more than 30 mbpd at the moment.
already , we have lesser exploration . many projects have been stalled, rig count lower than ever but I dont think research and development has . expect technology to have effect on prices as fracking is one reason why the price is what it is

.... I tink I get d angle you coming from, buh I still vote supply and demand, hydraulic fracking has bin in existence before the Oil price thing start... It's basically used in cases of tight reservoirs to create secondary porosity and importantly enhances permeability

davide470:

First: The picture was Production as at 2014. Using Nigeria as an example, we are currently producing less of what was stated, so my "current" production still stands, till Iran 'enter the place'
Second: whenever oil price plunges, the first cost cutting measure is the drastic reduction of explorational activities, and this does not affect production. The rig counts are basically US rigs and the more it drops, the better for "us"
Third: Fracking is a process solely used by the US because of their peculiarity of Oil. No Oil firm outside the US give a hoot about fracking.

The first red: is like telling Cadbury to stop looking for cocoa while dy keep producing bournvita... We all know how dat turns out
Second red: own goal, I think countries besides USA have been using that method before I gained ission (this point I Googled) and nw Dat Saudi is tinkin of biting the idea supply go jam supply with dat dia carbonate system...

And I applaud COOLCATS &davide470... Really learnt... I must confess I read una post like lecture note

For those interested

APPLY FOR FULL MSC MSC COMMONWEALTH SCHOLARSHIP IN AFRICA & ASIA COUNTRIES

https://nairaland.unblockandhide.com/2804285/apply-2016-msc-commonwealth-scholarship#41043580

Dude i rarely comment on NL but this is funny tho .... i know we'v got smart guys here but u really gotta know what it takes to get into the industry as a (graduate trainee) without any connection... ill speak with a little of my experience
1.Its the GRACE of GOD!
2. ALWAYS tailor your detailed CV to the Job description ... u have a little idea of sumfin relevant to the role,dude build a mountain outta it on that CV.
3.be an aptitude test guru cos u will be contending with lots of BAD guys from mad ass universities.
4.know how to sell your self during interviews...humility during interview is a No No for me .... and try as much as possible to be humorous, add a little responsible joke just to cool the tempo(could backfire but if it works ur name sticks to their minds after the interview)
5.keep friends with guys in the industry, dont beg them for money...information is key and always obey the law of attraction.

molibediumss:
I see we have so much oil gurus here...while d olodos re d one in d oil companies....hmmmmmm no b person wey sabi book oooo.....na person wey exam

drexller:
Dude i rarely comment on NL but this is funny tho .... i know we'v got smart guys here but u really gotta know what it takes to get into the industry as a (graduate trainee) without any connection... ill speak with a little of my experience
1.Its the GRACE of GOD!
2. ALWAYS tailor your detailed CV to the Job description ... u have a little idea of sumfin relevant to the role,dude build a mountain outta it on that CV.
3.be an aptitude test guru cos u will be contending with lots of BAD guys from mad ass universities.
4.know how to sell your self during interviews...humility during interview is a No No for me .... and try as much as possible to be humorous, add a little responsible joke just to cool the tempo(could backfire but if it works ur name sticks to their minds after the interview)
5.keep friends with guys in the industry, dont beg them for money...information is key and always obey the law of attraction.

These are the kind of stuffs that just can't keep me off Nairaland!

[quote author=drexller post=41055805]Dude i rarely comment on NL but this is funny tho .... i know we'v got smart guys here but u really gotta know what it takes to get into the industry as a (graduate trainee) without any connection... ill speak with a little of my experience
1.Its the GRACE of GOD!
2. ALWAYS tailor your detailed CV to the Job description ... u have a little idea of sumfin relevant to the role,dude build a mountain outta it on that CV.
3.be an aptitude test guru cos u will be contending with lots of BAD guys from mad ass universities.
4.know how to sell your self during interviews...humility during interview is a No No for me .... and try as much as possible to be humorous, add a little responsible joke just to cool the tempo(could backfire but if it works ur name sticks to their minds after the interview)
5.keep friends with guys in the industry, dont beg them for money...information is key and always obey the law of attraction.


Yes! Boss, you're on point.