A |
ABS |
American Bureau of Shipping |
AiP |
Approval in principle |
B |
bbls |
Barrels |
BBC |
Bare Boat Charter |
bfpd |
Barrels of Fluid per Day |
bopd |
Barrels of Oil per Day |
bpd |
Barrels per Day |
BV |
Bureau Veritas |
bwpd |
Barrels of Water per Day |
C |
CALM |
Catenary Anchor Leg Mooring |
Capex |
Capital Expenditure |
CBM |
Conventional Buoy Mooring |
CP Semi |
Central Pontoon Semi-Submersible |
D |
dwt |
Dead Weight Tonnage |
E |
EOR |
Enhanced Oil Recovery |
EPCI |
Engineering, Procurement, Construction and Installation |
F |
FEED |
Front End Engineering Design |
FID |
Final Investment Decision |
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. |
G |
GTL |
Gas to Liquids |
H |
HSSEQ |
Health, Safety, Security, Environment and Quality |
I |
ITT |
Invitation to Tender |
L |
LNG |
Liquefied Natural Gas |
LOI |
Letter of Intent |
LPG |
Liquefied Petroleum Gas |
LTI |
Lost Time Injury |
M |
MH |
Methane Hydrate |
MMscfd |
Million Standard Cubic Feet per Day |
MOPU |
Mobile Offshore Production Unit |
MOSES |
Minimum Offshore Surface Equipment Structure |
N |
NGH |
Natural Gas Hydrate |
NGL |
Natural Gas Liquids |
O |
O&M |
Operations and Maintenance |
Opex |
Operating Expenditure(Expense), Operational Expenditure |
P |
PLEM |
Pipe Line End Manifold |
R |
ROV |
Remotely Operated Vehicle |
S |
SALM |
Single Anchor Leg Mooring |
Semi-sub |
Semi-submersible |
SPM |
Single Point Mooring |
SSIP |
Self Stable Integrated Platform |
T |
T/C |
Time Charter |
TLP |
Tension Leg Platform |
U |
ULCC |
Ultra Large Crude Carrier |
V |
VLCC |
Very Large Crude Carrier |