Facilities & Process EngineeringVerified

BOT meaning in oil and gas

BOT means Build Operate Transfer. describes BUILDING a facility for another entity (i.e., Gov't oil co.), OPERATING the facilitY until training is complete for Nat'l oil co personnel, then TRANSFERRING the facility back…

Definition

Build Operate Transfer

describes BUILDING a facility for another entity (i.e., Gov't oil co.), OPERATING the facilitY until training is complete for Nat'l oil co personnel, then TRANSFERRING the facility back to the Gov't oil co - all for a fee

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