Reservoir & SubsurfaceVerified
GFI meaning in oil and gas
GFI means Group Financial Infrastructure (GFI). The Group Financial Infrastructure or GFI was developed and approved by the Control Leadership Team (CLT) in 2002 to develop a single financial system framework in order to…
Definition
Group Financial Infrastructure (GFI)
The Group Financial Infrastructure or GFI was developed and approved by the Control Leadership Team (CLT) in 2002 to develop a single financial system framework in order to facilitate simplification and standardization, to lower unit costs for transaction processing and facilitate Management Information (MI) standardization & delivery<p> Disolved in 2008 - now split in IT&S and GFP