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Glossary

ABS:
American Bureau of Shipping
bbls:
Barrels
BBC:
Bare Boat Charter
bfpd:
Barrels of Fluid per Day
bopd:
Barrels of Oil per Day
bpd:
Barrels per Day
bwpd:
Barrels of Water per Day
BV:
Bureau Veritas
bwpd:
Barrels of Water per Day
CALM:
Catenary Anchor Leg Mooring
Capex:
Capital Expenditure
CBM:
Conventional Buoy Mooring
CP Semi:
Central Pontoon Semi-Submersible
dwt:
Dead Weight Tonnage
EOR:
Enhanced Oil Recovery
EPCI:
Engineering, Procurement, Construction and Installation
FLNG:
Floating LNG
FPSO:
Floating Production, Storage, and Offloading system
FSO:
Floating Storage and Offloading system
FSRU:
Floating Storage Regasification Unit
FT GTL processes:
Fischer-Tropsch, a process invented in the 1920s. The principal purpose of this process is to produce synthetic fuel.
GTL:
Gas to Liquids
HSEQ:
Health Safety, Environment and Quality
km:
kilometers
LNG:
Liquefied Natural Gas
LPG:
Liquefied Petroleum Gas
LTI:
Lost Time Injury
MMscfd:
Millions of Standard Cubic Feet per Day
MODEC:
MODEC is used in this website as a generic term for MODEC, Inc. and its subsidiaries.
MOPU:
Mobile Offshore Production Unit
MOSES:
Minimum Offshore Surface Equipment Structure
NGH:
Natural Gas Hydrate
NGL:
Natural Gas Liquids
O&M:
Operation and Maintenance
Opex:
Operation Expenditure
PLEM:
Pipe Line End Manifold
ROV:
Remotely Operated Vehicle
SALM:
Single Anchor Leg Mooring
Semi-sub:
Semi-submersible
SPM:
Single Point Mooring
SSIP:
Self Stable Integrated Platform
T/C:
Time Charter
TLP:
Tension Leg Platform
ULCC:
Ultra Large Crude Carrier
VLCC:
Very Large Crude Carrier