Production & Operations

LoI meaning in oil and gas

Definition

Letter of Intent (LoI0 or Heads of Agreement (HoA)

LoI means Letter of Intent (LoI0 or Heads of Agreement (HoA). A preliminary agreement between parties that outlines the key terms and conditions of the agreement or contract (e.g. between JV partners or with a customer…

A preliminary agreement between parties that outlines the key terms and conditions of the agreement or contract (e.g. between JV partners or with a customer in respect to a GSA)

✓ Verified term

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