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Glossary of Terms

BPSD or B/SD
Barrels per standard day.
Catalytic Cracking
The process of breaking up heavier hydrocarbon molecules into lighter hydrocarbon fractions by using heat and catalysts.
Cogeneration
The use of a single facility to simultaneously produce power and heat or steam.
CC
Cubic centimeters.
CFM
Cubic feet per minute.
D&D
Decontamination and decommissioning.
Decommissioning
The retirement of a facility, including decontamination and/or dismantlement.
Decontamination
The removal of unwanted hazardous contamination by a chemical or mechanical process.
Design-Build
A system of contracting under which one entity performs both architecture/engineering and construction under one single contract.
Downstream
The refining or process of crude oil into finished fuel products.
E&C
Engineering and construction.
E,P & C
Engineering, procurement and construction.
E,P,C & M
Engineering, procurement, construction and maintenance.
Fast Track
A scheduling process in which design and construction activities overlap. Design documents and equipment and trade subcontracts are released in phases.
FEED
Front-end engineering and design.
Feedstock
Stock from which material is taken to be fed into a processing unit.
FEMA
Federal Emergency Management Agency.
Fixed Cost
An expenditure or expense that does not vary with volume level of activity.
Greenfield
A project located on semirural property that is undeveloped except for agricultural use, especially one considered as a site for expanding urban development.
HOV
High occupancy vehicle.
LOI
Letter of intent.
LNG
Liquefied natural gas.
Lump-Sum Turnkey Project
Fixed price project for which all components are within a single supplier's responsibility.
MOA
Memorandum of understanding.
O&M
Operations and maintenance.
PPB
Parts per billion.
SCFD
Standard cubic feet per minute.
SNG
Synthetic natural gas.
Spent Fuel
Irradiated fuel that is permanently discharged from a nuclear reactor. Except for possible reprocessing, this fuel must eventually be removed from its temporary storage location at the reactor site and placed in a permanent repository.
Turnkey Project
A project in which all components are within a single supplier's responsibility.
TIC
Total installed cost.
Upstream
The exploration, production, and transportation of oil and gas.