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

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