OG21 Strategy - A New Chapter
Abbreviations
ABEX |
Abandonment expenditure |
AC |
Alternating current |
AI |
Artificial intelligence |
AICD |
Autonomous inflow control valve |
AUV |
Autonomous underwater vehicle |
bbl |
Barrels |
boe/d |
Barrels oil equivalent per day |
BHA |
Bottomhole assembly |
BOP |
Blowout preventer |
CAPEX |
Capital expenditure |
CCUS |
Carbon capture, utilization, and storage |
CETP |
EU Clean energy transition partnership |
CO2 |
Carbon dioxide |
COP |
Conference of the parties |
CTD |
Coiled tubing drilling |
DFU |
Definerte fare- og ulykkessituasjoner (defined hazards and accident situations) |
EGD |
European Green Deal |
EIF |
Environmental impact factor |
EOR |
Enhanced oil recovery |
EPC |
Engineering, procurement and construction |
ETS |
European trading system |
EXPEX |
Exploration expenditure |
FAR |
Fatal Accident Rate |
FID |
Final investment decision |
FOT |
Forskning- og teknologiordningen |
FP |
Forskerprosjekt |
FPSO |
Floating production, storage, and offloading system |
GHG |
Greenhouse gas |
HC |
Hydrocarbon |
HCRD |
HC release database |
HSE |
Health, safety and environment |
HVDC |
High voltage direct current |
ICE |
Internal combustion engine |
ICT |
Information and communication technology |
IPCEI |
Important projects of common European interest |
IEA |
International Energy Agency |
IMR |
Inspection, maintenance and repair |
IN |
Innovation Norway |
IOGP |
International organization of oil and gas producers |
IOR |
Improved oil recovery |
IPN |
Innovasjonsprosjekt for næringslivet |
IT |
Information technology |
KSP |
Kunnskapsprosjekt for næringslivet |
LCA |
Lifecycle assessment |
LNG |
Liquified natural gas |
LOHC |
Liquid organic hydrogen carrier |
LTIR |
Lost time injury rate |
LWD |
Logging while drilling |
ML |
Machine learning |
MMO |
Maintenance, modifications and operations |
MODU |
Mobile offshore drilling unit |
MPD |
Managed pressure drilling |
MPE |
Ministry of petroleum and energy |
MWD |
Measurement while drilling |
NAM |
North America |
NCS |
Norwegian continental shelf |
NPD |
Norwegian petroleum directorate |
NPT |
Non-productive time |
NPV |
Net present value |
NZE |
Net zero emission scenario |
O&G |
Oil and gas |
OPEX |
Operating expenses |
OT |
Operational technology |
PDO |
Plan for development and operations |
P&A |
Plugging and abandonment |
PSA |
Petroleum safety authority |
R&D&I |
Research and development and innovation |
RCN |
Research council of Norway |
RNNP |
Risk level on the NCS |
RRR |
Reserves replacement ratio |
SPS |
Subsea production system |
SWiG |
Subsea wireless group |
TG |
Technology group (OG21 has 5 TGs on specific disciplines) |
TPED |
Total primary energy demand |
TRL |
Technology readiness level |
TTRD |
Through tubing rotary drilling |
UN |
United Nations |
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