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OFFSHORE TERMS AND ABBREVIATIONS
 
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Terms

Flexible Joint - or Ball-joint - the bottom part of the Marine Riser construction, utilized during drilling
from floating rig or vessel. Allows a certain angle deviation when the vessel or rig is positioned.
Fish - object, e.g. a fragment of a drill bit, broken drill pipe, or other object lodged at the bottom of the
drilling hole, preventing continued drilling.
Fishing - the work of removing a Fish.
Flaring - the burning of non-commercial oil and gas on the production platform or vessel.
Flush Phase - the initial production phase.

Abbreviations

FACS - Federation of American Controlled Shipping - organization for US companies with ships under
FOC, mainly the Liberian.
FAO - UN's Food and Agriculture Organization (Rome)
FASA - Federation of Asian Shipowners' Associations
FENSO - Federation of Norwegian Ships Officers organizations (NMB in Norwegian)
FIATA - Federation Internationale des Associations de Transifaires et Assimiles (Zurich) -
International association of forwarding agents.
FMC - Federal Maritime Commission - American independant control authority regulating liner
services to the USA.
FOC - Flag of Convenience
FONASABA - Federation of National Associations of Shipbrokers and Agents
FR - Finlands Rederiforening - the Finnish Shipowners' Association.

   
 

 
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