Glossary

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AGM

Annual General Meeting

API

Degrees API, a standard measure of oil density defined by the American Petroleum Institute

bbl

Barrel

bcf

Billion cubic feet

bfpd

Barrels of fluid per day

boepd

Barrels of oil equivalent per day

bopd

Barrels of oil per day

C&EMT

Crisis and Emergency Management Team

CMS

Caister Murdoch System

CMS III

A group development of five satellite fields linked to CMS

CSR

Corporate Social Responsibility

D&PL

Development and Production Lease

DTI

Department of Trade and Industry (United Kingdom)

EAGHL

Energy Africa Gabon Holdings Limited

EURIBOR

Euro Interbank Offered Rate

EHS

Environment, Health and Safety

FPSO

Floating production, storage & offtake vessel

GBP

British Pound

No terms available.

IAS

International Accounting Standard

IFRS

International Financial Reporting Standard

No terms available.

No terms available.

LIBOR

London Interbank Offered Rate

LNG

Liquefied natural gas

LTI

Lost Time Incident

LTIFR LTI

Frequency Rate measured in LTI's per million worker hours

mmbbl

Million barrels

mmboe

Millions of barrels of oil equivalent

mmscfd

Millions of standard cubic feet per day

No terms available.

No terms available.

p

Penny or pence Sterling

PEL

Petroleum Exploration Licence

PRT

Petroleum Revenue Tax

PSC

Production Sharing Contract

No terms available.

No terms available.

SCT

Supplementary Corporation Tax

SNS

Southern North Sea

SORP

Statement of Recommended Practice

sq km

Square kilometres

tcf

Trillion cubic feet

$

US Dollar

No terms available.

No terms available.

No terms available.

No terms available.

No terms available.