Thread regarding Anadarko Petroleum Corp. layoffs

Africa Incentive

Former EVP MI will receive additional $1MM per each Africa transaction: Moz, Algeria, Ghana.
One step further from G&A saving

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Post ID: @OP+128bEAfl

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I can’t imagine why anyone would question MI’s payout. According to RAW, “MI has delivered LNG for Mozambique”, don’t you know.

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Post ID: @1amis+128bEAfl

Actually MI did more than that for the measly $46 MM.

He knew how to spell process safety and told sad stories from his childhood as junior engineer with Oxy (remember piper alpha?). Then our chief accountant, who finally sold the company, was excited about these great new concepts and ideas and Agent Smith from Matrix was created. A waste of money and effort dressed in words for actions he didn't have a clue how to deliver, the final nail on the APC coffin.

Too bad there was no Neo to save us, maybe next time.......

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Post ID: @rtux+128bEAfl

So ~$43MM + $3MM = $46MM for four years of service for only getting a project to FID and not even building the damn Trains!

Something is seriously wrong with the EC compensation.

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Post ID: @cba+128bEAfl

Well he'll probably be worth it and will make up those millions, and do a better job negotiating than VH, who sold Moz to Total for a steal. And she was completely gutted by Buffet, Chevron, and the APC EC in the whole deal. He couldn't possibly do much worse than her, that's for sure.

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Post ID: @yqt+128bEAfl

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