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Glossary Of Terms

BoD Board of Directors
CBC Code of Business Conduct
CEO Chief Executive Officer
COVID-19 Corona Virus disease of 2019
CSR Corporate Social Responsibility
DPR Department of Petroleum Resources
EHSQ Environment, Health, Safety and Quality
EIA Environmental Impact Assessment
EI Energy Institute
EITI Extractive Industries Transparency Initiative
FCPA Foreign Corrupt Practices Act
FGN Federal Government of Nigeria
FMEnv Federal Ministry of Environment
FTE Full time Employee
GMOU Global Memorandum of Understanding
GRI Global Reporting Initiative
HR Human Resources
HSE Health, Safety and environment
ITSM Information Technology Service Management
ITIL Information Technology Infrastructure Library
IPICEA International Petroleum Industry Enmviromental Conservation Association
IPPG Independent Petroleum Producers Group
LCCI Lagos Chamber of Commerce & Industry
LGA Local Government Area
LTI Lost Time Incident
LTO License To Operate
NAPE Nigerian Association of Petroleum Explorationists
NDC National Determined Contributions
NCDC Nigerian Center for Disease Control
NCDMB Nigerian Content Development and Monitoring Board
NNPC Nigerian National Petroleum Corporation
OML Oil Mining Lease
OPTS Oil Producers Trade Section
SDGs Sustainable Development Goals
SEC Securities and Exchange Commission
SPDC JV Shell Petroleum Development Company of Nigeria Joint Venture. Partners include NNPC, Total E&P and
Nigerian Agip Oil Company.
SPE Society of Petroleum Engineers
WRPC Waltersmith Refining & Petrochemical Company 95