Contractors Unlimited
Search for another term in our Glossary

 





O&G

Oil and Gas

Further Reading

 

O&M

Operating and Maintenance
Usually in reference to a contract or budget e.g. an O&M contract.
Further Reading

 

OCA

Offshore Contractors Association

Further Reading

 

Octane Number

A measurment of a fuel's resistance to spontaneous ignition.
The higher the octane number the greater fuel's resistance to spontaneous ignition.
Further Reading

 

OEM

Original Equipment Manufacturer

Further Reading

 

OGP

The International Association of Oil & Gas producers.
Formed in 1974 to develop effective communications between the upstream industry and the complex network of international regulators.
Further Reading

 

OILC

Offshore Industry Liaison Committee
UK based Trades Union representing offshore workers.
Further Reading

 

OIM

Offshore Installation Manager
The person in charge of a platform or rig.
Further Reading

 

OLF - Norwegian Oil Industry Association

A professional body and employer's association for oil and supplier companies engaged in the field of exploration and production of oil and gas on the Norwegian Continental Shelf.

Further Reading

 

OPEC

Organisation of the Petroleum Exporting Countries - a permanent inter-governmental organization currently made up of 11 oil producing and exporting countries.
Its aim is to co-ordinate and unify the petroleum policies of the Member Countries and to determine the best means for safeguarding their individual and collective interests.
Further Reading

 

Operator

Term used to describe a company appointed by venture stake holders to take primary responsibility for day-to-day operations for a specific plant or activity.

Further Reading

 

OPEX

Operating Expenditure

Further Reading

 

OPITO

Offshore Petroleum Industry Training Organisation
The UK's National Training Organisation for oil and gas extraction.
Further Reading

 

OSHA

Occupational Safety and Health Administration
The department of the US government with the responsibility to ensure safety and healthful work environments.
Further Reading

 

OSPAR

The Convention for the Protection of the Marine Environment of the North-East Atlantic - the OSPAR Convention.
It replaces the Oslo and Paris Conventions but decisions; recommendations and all other agreements adopted under those Conventions continue to be applicable.
Further Reading

 

 
Return to our Glossary page.
 









Advertising || About Us || Contact Us || Search || Legal || Tell a Friend
© Copyright 2007-2008 - All rights reserved