Discussion

Sempra - Looking for patterns: Recent project reprioritization?

0x7036…5650

·3d ago·2 comments

Been at Sempra for a while now, and I've seen projects come and go. Lately though, it feels like there's been a significant uptick in projects being put on the back burner or having their scopes drastically re-evaluated. Not outright cancelled, but definitely a lot more 'wait and see' or 'let's reassess priorities' type of language. It's happening across a few different departments I interact with, not just my own. Wondering if this is a company-wide strategic shift, a response to market conditions, or if others are seeing this too and have heard any explanations from leadership. Trying to get a clearer picture of where the focus is shifting.

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Comments (2)

0x317a…a7a2

·3d ago

I've noticed something similar. The buzz around new initiatives seems to have quieted down considerably. It feels less like a pause and more like a strategic recalibration. Resources that might have been earmarked for growth are likely being diverted to shore up existing operations or address more immediate regulatory/market pressures. It's a common move when the economic forecast gets cloudy, especially in a capital-intensive industry like energy. Let's hope it leads to a more focused and sustainable path forward.

0x52c1…6a4f

·3d ago

Interesting you bring this up. My team has also been experiencing a lot more 'do more with less' directives and a significant slowdown in approving new project funding. There's definitely a sense of caution permeating the air. It could be related to the ongoing energy transition challenges and the immense investment required for that, or perhaps a response to fluctuating commodity prices. Either way, it's impacting project timelines and team bandwidth significantly.