Glossary

Adjusted net profit
Buckle detection
Bundles
Carbon Capture and Storage
Central Processing Facility
Commissioning
Concrete coating
Conventional waters
Cracking
Deck
Decommissioning
Deep waters
Downstream
Drillship
Dry-tree
Dynamically Positioned Heavy Lifting Vessel
EBIT
EBITDA
EPC (Engineering, Procurement, Construction)
EPIC
Fabrication yard
Facilities
FDS (Field Development Ship)
FEED (Front-end Engineering and Design)
Flare
FLNG (Floating Liquefied Natural Gas)
Floatover
Flowline
FPSO vessel
FSRU (Floating Storage Regasification Unit)
Gas export line
Hydrocracker
Hydrotesting
Hydrotreating
IFRS (International Financial Reporting Standards)
International Oil Companies
J-laying
Jack-up
Jacket
Leased FPSO
Leverage
LNG
Local Content Policy
LPG
LTI (Lost Time Injury)
Midstream
Moon pool
Mooring buoy
Multipipe subsea
National Oil Companies
NDT (Non Destructive Testing)
NDT Phased Array
OECD
Offshore/Onshore
Oil Services Industry
P&ID
Pig
Piggy backed pipeline
Pile
Pipe Tracking System (PTS)
Pipe-in-pipe
Pipe-in-pipe forged end
Pipelayer
Pipeline
Piping and Instrumentation Diagram (P&ID)
Pre-commissioning
Pre-drilling template
Pre-Salt layer
Pre-Travel Counselling
Pulling
QHSE
Rig
Riser
ROACE
ROV (Remotely Operated Vehicle)
S-laying
Shale gas
Shallow water
Sick Building Syndrome
Slug catcher
Sour water
Spar
Spare capacity
Spool
Stripping
Subsea processing
Subsea tiebacks
Subsea treatment
SURF (Subsea, Umbilicals, Risers, Flowlines) facilities
Tandem Offloading
Tar sands
Template
Tender assisted drilling unit (TAD)
Tendon
Tension Leg Platform (TLP)
Tie-in
Topside
Train
Trenching
Trunkline
Umbilical
Upstream
Vacuum
Wellhead
Wellhead Barge (WHB)
Workover