General Industry TermVerified
FTEs meaning in oil and gas
FTEs means Full Time Equivalents. Staff headcount stated in terms of personnel working full time e.g. if a role is filled by two people each working 2.5 days per week the headcount is 2 but the FTE is 1
Definition
Full Time Equivalents
Staff headcount stated in terms of personnel working full time e.g. if a role is filled by two people each working 2.5 days per week the headcount is 2 but the FTE is 1