NewStats: 3,263,828 , 8,181,544 topics. Date: Sunday, 08 June 2025 at 07:29 AM 1n1c2t6z3e3g |
(1) (3) (of 3 pages)
![]() |
geektrovert: What Mele Kyari said is untrue. He is just saving face. Nigeria produces at much higher prices. You need to add security cost and multiple taxation from different government agencies. Even Russia which produces at a lower cost averages $20 per barrel. Even Saudi produces at a higher cost than the $4 or $5 Kyari reported. https://edition.cnn.com/2020/03/20/perspectives/saudi-arabia-oil-market/index.html 1 Like |
![]() |
Guys, abeg I am sorry. The lashing is too much and unexpected. I wish everyone the very best. Wish GTs and EHs success. I digress: Just to contribute on the ongoing debate The oil price drop is caused by two factors - oversupply by Saudi is the highest driver (like 70% of the cause) followed by low demand due to the pandemic. Saudi has promised to push in more barrels in April so expect even lower prices in April. The next OPEC+ meeting is not likely to hold anytime soon at least until June. So expect sustained low prices till at least June. CNN has also reported the pandemic may last for up to a year. Hopefully mankind will discover a vaccine before then. So oil prices is not gonna rise in weeks. Even without oversupply, oil prices wouldn't have gone above the 40s due to the pandemic. Also, the cost of producing oil in Nigeria is one of the very highest in the world, between $25 and $35 depending on the area. Whoever said $15 is not familiar with the Nigerian oil industry. Nigeria is currently producing literally at a loss. Also that we are not able to sell our crude as we are outpriced in the international market by lower cost producers like Saudi and Russia. So Nigeria isn't making any money right now. Worse still, the ECA is almost empty. Hard times ahead. 1 Like |
![]() |
I can see my post hit some nerves. I hereby apologise. I wish all GTs the best 1 Like 1 Share |
![]() |
Tintedglass: Amen |
![]() |
MI6: Watch and see. |
![]() |
Congrats to all new GTs. Prepare your mind for the following: (1)The coronavirus will most likely affect resumption date. State govts across the nation are banning large gatherings and minimising physical s as much as possible. It is clear your orientation will be postponed. (2) The problem is further compounded by the extremely low oil prices which have not even bottomed out yet. Nigeria is currently producing at a loss with the current prices, and we are not even able to sell our crude. No oil firm recruits during periods of low oil prices. NNPC boss has emphasized the need to cost cuts to.produce at current prices. Most companies fire or place employees on furlough. So the orientation will be moved to much later date when or if things stabilise. (3) You are yet to receive official appointment letter. You have only received a notification of success. By law, no company is not legally bound to recruit any candidate that has not yet received an offer letter. Even with official letters, there has been several cases where govts or insitiutions withdraw offer letters even after resumption with no consequences. So the current case is even more precarious. I therefore foresee a situation where the new GTs are put on reservation list for several months or years. A worse case scenario is that the recruitment eventually be cancelled or extremely streamlined. Forget sentiments, this is a real scenario right here. I therefore ask all new GTs to hope and pray this crisis as soon as possible. The longer it stays, the less chances you will be recruited. |
![]() |
Need someone who does window purchase and installation in Lagos. This is for a new house I am also interested in fanciful POP designs. Please share your if you do that. |
![]() |
dennizman: it is an interview with the dept head, usually one person but on rare occasions, he may decide to invite additional managers for the interview. it however goes beyond a casual chat. they may choose to ask HR and technical questions. |
![]() |
engrnic:stop being panicky. it was clarified that it is not for graduate hires. it is 2nd stage (final) interviews for experienced hires. 1 Like |
![]() |
ceegobe: I believe this information is very correct. From very reliable company sources, about 50 engineers are to be hired in total. And I know from past trends, the graduate hires make up more than 30. 1 Like |
![]() |
tempest01:there is definitely going to be a 2nd stage interview. Take that to the bank. But this 1st stage interview is the most important. You are probably right about the white folks. I didn't write the test. I know they aren't senior managers though. |
![]() |
COOLCATS: I'm not asking you not to keep hope alive. Don't give yourself hypertension over this, ehn. Usually the interviews are in phases and could span for up to 3 weeks. So chill. And no, I didn't write the test. |
![]() |
tempest01: Exactly! Getting an ExxonMobil job can be life changing so no need to provide false information here. A few info: *The 2 white guys you saw during the test are most likely security personnel (expatriates). So you dont necessarily rely on the 2 or 4 weeks they mention. Management decide that. * The most important stage is the first interview currently ongoing. Once you that, there is 90% chance you eventually get the job. There is one more interview though. * information reaching me is that more than .0 engineers in total will be hired * mails for Graduate position interview has not yet started rolling in. Most likely next week. 2 Likes |
![]() |
I will like to give 5k each to 10 students of UNIUYO or AKSU. I randomly picked the universities in akwa ibom. I will also pick the winners randomly. Next in line, I will pick polytechnics from Kaduna (Kadpoly or Nuhu Bamalli Polytechnic Zaria). I will keep doing this till it goes round. Private universities or polytechnics will be exempted. Don't post your number or name. Just signify your interest before 4pm today. I will randomly select 10 winners (at least 4 from both sexes). Criteria: You must be a bonafide student of University of Uyo or Akwa Ibom state university (with means of identification). |
![]() |
[img]https://media./media/srg19CG0cKMuI/giphy.gif[/img]
|
![]() |
[img]https:///media/9-16-2015/klR7bx.gif[/img]
|
![]() |
... . |
![]() |
shugga:follow me back so that i can send you my bb pin via PM. You will add me. from there, we can chat and talk. okay? |
![]() |
shugga:I can't reveal that here. However, do you only make friends with people from your zone? Cos I don't seem to know why that's so important. I thought you said you are not a tribalist |
![]() |
mickey45:hmmm......be prepared to set aside about 30 thousand pounds for fees, travel, project work, etc. |
![]() |
shugga:I will be relocating to Akwa ibom very soon. Getting transferred. though i am neither from Cross River nor Akwa Ibom, I wish to meet people who are based there and make friends that will help me settle really quickly. I have got no friends in that state for now except my colleagues ![]() The email which I used to open this is inaccessible so kindly follow me as I follow you so that i can send you a direct message. BTW I am 30+ and it would be nice to meet you ![]() |
![]() |
How about employees of indigenous oil companies? Are they well paid?
|
![]() |
dawtune:See question ooo. Keep eyeing and working towards it The fact that the industry has not grown does not mean that companies are not recruiting. |
![]() |
oluwanoni:what's your dscipline? I am currently taking one in safety, risk and reliability engineering (distance learning) in the prestigious Herriot Watt University. |
![]() |
Great write-up xfire
|
![]() |
oshdot:I think a postgraaduate degree will be more useful to you. Since your current job deals with maintenance activity which is your career path of interest, I will advise that you do it for a while to gain some experience, even though you are technician before actually pursuing a masters degree. A professional course may not be of much help right now. What you need is either experience or a postgraduate degree if no suitable job is forthcoming. A professional certification can only cap it off. |
![]() |
APC has every reason to collude with INEC in Lagos to deny Igbos of their voting rights. APC is panicky
2 Likes |
(1) (3) (of 3 pages)
(Go Up)
Sections: How To . 43 Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland. |