From a Shell insider
How timely from Dilbert. It might just be that Gale Norton was hired this way. Two stomps of the hoof: hire her. Three stomps of the hoof: sign-on bonus, retention bonus and guaranteed exit bonus.
But knowing Shell, there has to be a process with records, protocols, tickmarks in square boxes and all these things leave traces.
And all this nonsense to get access to some acreage that will never be used because it simply is too costly and devastating on the environment. But that was another department .
It reminds me of Tejas Gas: pay a fortune for some crap. Share the profits amongst the participants or their relatives and make Shell write down the value of this crap a couple of billion US$ a year or so later. Remember: the same people are still largely in place now! Only Phil Carrol, the then CEO of Shell Oil was quietly removed after nearly 10 months.
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