Glossary
A
Acre
approximately 0.004 square kilometres
ADNOC
Abu Dhabi National Oil Company
ADS
American Depositary Share
B
b(/d)
barrels (per day)
BG
BG Group plc
boe(/d)
barrels of oil equivalent (per day); natural gas volumes are converted to oil equivalent using a factor of 5,800 scf per barrel
C
CCS
carbon capture and storage
CCS earnings
earnings on a current cost of supplies basis
CEO
Chief Executive Officer
CFFO
cash flow from operations
CNOOC
China National Offshore Oil Corporation
CO2
carbon dioxide
E
EOR
enhanced oil recovery
F
FCF
free cash flow
FEED
front end engineering and design
FID
final investment decision
FLNG
floating liquefied natural gas
FPSO
floating production, storage and offloading
FSRU
floating storage and regasification unit
G
GTL
gas to liquids
H
HSSE
health, safety, security and environment
I
IFRS
International Financial Reporting Standard(s)
IOC
international oil company
J
JV&A
Shell share of joint ventures and associates
K
kboe(/d)
thousand barrels of oil equivalent (per day)
km
kilometres
L
LNG
liquefied natural gas
LPG
liquefied petroleum gas
LRS
liquids-rich shale
M
million barrels of oil equivalent (per day)
MMBtu
million British thermal units
mtpa
million tonnes per annum
MW
megawatts
N
NCTL
Nembe Creek Trunkline
NGL
natural gas liquids
O
OML
oil mining lease
P
per day
volumes are converted into a daily basis using a calendar year
PSC
production-sharing contract
P&T
Projects & Technology
R
R&D
research and development
ROACE
return on average capital employed
S
SBM
single buoy mooring
scf(/d)
standard cubic feet (per day)
SEC
US Securities and Exchange Commission
SUBS
Shell subsidiaries
T
TSR
total shareholder return
W
WTI
West Texas Intermediate