8.1Glossary

Term
Definition
ABS
American Bureau of Shipping
AGU
Advocacia Geral da Uniao – Attorney General’s Office
API
American Petroleum Institute
ARCA
Articulated Rod Connecting Arm
bbls
Barrels
BEPS
Base Erosion and Profit Shifting
BOPD
Barrels of Oil Per Day
bpd
Barrels per day
CAPEX
Capital Expenditure
CCPS
Center for Chemical Process Safety
CDP
Carbon Disclosure Project
CGCO
Chief Governance and Compliance Officer
CGU
Controladoria Geral da Uniao – Comptroller General’s Office
CSR
Corporate Social Responsibility
DJSI
Dow Jones Sustainability Index
DMA
Disclosures on Management Approach
DSCV
Diving Support and Construction Vessel
EBIT
Earnings before Interest and Tax
EBITDA
Earnings before Interest, Taxes, Depreciation and Amortization
ECA
Export Credit Agencies
EPC
Engineering Procurement and Construction
EPCI
Engineering Procurement Construction and Installation
EPS
Earnings per Share
ERM
Enterprise Risk Management
ESG
Environmental Social Governance
Euribor
Euro Interbank Offered Rate
Excom
Executive Committee
FEED
Front-End Engineering and Design
FGS
Floating Gas Solutions
FLNG
Floating Liquefied Natural Gas
FPSO
Floating Production Storage and Offloading
FPU
Floating Production Unit
FSO
Floating Storage and Offloading
GCD
Group Compliance Director
GEMS
Global Entreprise Management System
GHG
Greenhouse Gases
GRC
Governance Risk and Compliance
GRI
Global Reporting Initiative
GSD
Group Sustainability Director
GTS
Group Technical Standards
HPHT
High Pressure High Temperature
HSS
Health, Safety & Security
HSSE
Health, Safety, Security & Environment
IASB
International Accounting Standards Board
ICOFR
International Controls for Financial Reporting
IFRS
International Financial Reporting Standards
IIRC
International Integrated Reporting Framework
ILO
International Labor Organization
IOGP
International Association of Oil and Gas Producers
IP
Intellectual Property
JV
Joint Venture
KPI
Key Performance Indicator
LIA
Leadership in Action
LIBOR
London Interbank Offered Rate
LNG
Liquefied Natural Gas
LOPC
Loss of Primary Containment
LTI
Long Term Incentive
LTIFR
Lost Time Injury Frequency Rate
LWSR
Lazy Wave Steel Riser
MB
Management Board
Mboe
Millions of barrels of oil equivalent
MLP
Master Limited Partnership
MNOPF
Merchant Navy Officers Pension Fund
MOPU
Mobile Offshore Production Unit
MoU
Memorandum of Understanding
MPF
Ministério Público Federal
mtpa
Million Tonnes per Annum
NCI
Non-Controlling Interests
NGO
Non-Governmental Organization
NOx
Nitrogen Oxides
OECD
Organization for Economic Co-operation and Development
OHSAS
Occupational Health and Safety Assessment Series
OIFR
Occupational Illness Frequency Rate
OPEX
Operating Expenditure
P&L
Proft and Loss
PFC
Production Field Center
PI
Performance Indicator
PL
Product line
POC
Percentage of Completion
PRN
Production Readiness Notice
psig
Pounds per Square Inch Gauge
PSM
Process Safety Management
PSU
Performance Share Unit
PwC
PricewaterhouseCoopers
QA
Quality Assurance
R&D
Research and Development
RCF
Revolving Credit Facility
RSU
Restricted Share Unit
SIA
Socio-Economic Impact Assessment
SIRS
Single Incident Reporting System
SOx
Sulphur Oxides
SP
Social Performance
SRS
Single Reporting System
STI
Short Term Incentive
TLP
Tension-Leg Platform
TMS
Turret Mooring Systems
TRIFR
Total Recordable Injury Frequency Rate
TRL
Technology Readiness Level
TSR
Total Shareholder Return
UN
United Nations
UNEP
United Nations Environment Program
US GOM
U.S. Gulf of Mexico
USPP
US Private Placement
VBDO
Vereniging van Beleggers voor Duurzame Ontwikkeling
VHP
Very High Pressure
VLCC
Very Large Crude Carriers