Glossary

StepChange Global Digital and Integrated Operations glossary

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There are currently 8 names in this directory beginning with the letter F.

FCW

Full Control of Wells (Total acronym)

FDP

Fast Drill Process (Exxon acronym)

See example SPE technical papers 134580-MS , 150208-MS , 151133-MS , 170751-MS for further technical details

FLiDAR

Floating Light Detection and Ranging (an Equinor acronym)

The Equinor FLiDAR buoy technology is described in a youtube video here

FOF

Facilities of the Future (PETRONAS acronym)

FotF

(1) Field of The Future (BP acronym)

Please see SPE technical papers 99777-MS, 106859-MS, 112145-MS, 112149-MS and 112194-MS for more technical details

(2) Facilities of The Future (BP acronym)

Please see SPE technical paper 111957-MS for further technical details

(3) Facility of The Future (OGTC acronym)

Fourth Industrial Revolution

The Fourth Industrial Revolution is the current, ongoing transformation of manufacturing and industry methods, combined with the latest smart technologies, such as large-scale machine to machine communication and Internet of Things (IoT) enabled hardware deployments

FPSO or FPU

Floating Production Storage and Offloading

Also known as a floating production unit

The Aker Solutions unmanned FPSO concept is described in the SPE JPT here

Please see SPE technical paper OTC-30905-MS for further technical details

FPWD

Formation Pressure While Drilling