Dude,first follow all companies that you're interested in. Next, join all groups that are related to the industry and do your reading and research. It's free but the only thing you need is your time.

Exactly what I thought. Salaries can be pretty attractive in the palm oil business too.

Also, I really don't think it's a good idea for a person to choose an industry based on income alone - I can't think of any long term benefits of that.

I wonder who'll be buying their assets ?

Maybe some of our local big names who have big plans to explore into operating blocks ?

I'm not a senior, but I'd suggest you look at the type of project you will work on, on both sides and compare them. Working on a challenging project where you learn new things would be more valuable than a stable job where nothing challenges you.

Plus, don't forget to compare all the potential networking opportunities, on both sides.

Also, plenty of people work on contract basis, they're still very much alive and kicking

Folks, the news about employee shedding has now become common with current industry situation and to be honest, it was expected as it's a common choice by companies in difficult times.

Much worse news would be if projects (exploration or even worse, development) get shelved and companies take the wait and see attitude. Has anyone heard of confirmed news of this type? Any mothballed projects in the news lately ?

That's interesting, thanks for sharing. I'm wondering if these are only the contracts that have already been committed. Curious to see if it would continue.