Guest 57: McFadyen always claimed to be a fighter of overheads. “I am a welder from Glasgow”. Now it has become clear why the push towards Aberdeen as a ‘centre of excellence’ was rammed through, despite the fact that Shell Expro is on a steep decline and in a few years there is not much left for EPE as the main contribution comes from the Netherlands. It will presumably result in some knighthoods for the boys. But does it add reserves, reduce costs or increase production? I dare say no.
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