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Thread: Oil and gas consolidation 2021

  1. #181
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    I've been part of two large acquisitions with major culture changes. In the end, as long as the acquirer has a strong culture, and the management sets clear expectations, it will be just fine. I find field staff figure it out faster than those soft people in the office, but a certain amount of attrition is a natural part of the process, and honestly not a problem. That's the best way of gaining "efficiencies", through headcount reductions.

    When TAQA bought Northrock, Primewest, Pioneer Canada and Shiningbank all within "effectively one year" it was a total disaster, but then again, TAQA had zero local employees before that. A case study that should be taught in MBA school.

  2. #182
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    I know I don’t know what I am talking about.

    But confirmed this aft that WCP is taking 0 technical staff, they are all going back to the motherships.

    Field staff yes, office staff no.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  3. #183
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    Sounds like a win-win-win.

  4. #184
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    Quote Originally Posted by ExtraSlow View Post
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    ... A case study that should be taught in MBA school.
    LoL at "teaching MBA's..."

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