Oil & Gas Glossary F

FAME

Fatty Acid Methyl Esters

 

Farm-in


FASB

Financial Accounting Standards Board


Fatal Accident Frequency Rate (FAFR)


Fatality

 

Fatality Rate (FR)


Fault


FDF

Finance Directors' Forum, in UK


FDR

Flight Data Recording


FEA

Fire and Explosion Analysis

 

Federal Energy Regulatory Commission (FERC)

US government agency responsible for regulating gas industry.

 

FEHM

Fire and Explosion Hazard Management


FFE

Fire Fighting Equipment


Field

 

Fishing

Retrieving objects from bolehole.


FLAGS

Far North Liquids and Associated Gas System (UKCS)

 

Flaring and venting


Flare stack

 

Flash Point

 

Flotel

Floating accommodation for offshore personnel.

 

FOB

Free on board.

 

FOOCG

Fisheries and Offshore Oil Consultative Group, in UK.

 

Formation Pressure


FPSO

Floating Production, Storage and Offloading Vessel


FPV

Floating Production Vessel


Framework Convention on Climate Change

 

FRC

Fast Rescue Craft


FRs

Financial Reporting Statements


FSA

Formal Safety Assessment


FSU

Floating Storage Unit

 

Fugitive emissions

Emissions which escape from an enclosed system.

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