nojv meaning in oil and gas
Definition
Non-operated joint venture
nojv means Non-operated joint venture. A Joint Venture where the entity managing its activities is at any point in time not a a major oil and gas company wholly-owned entity. For the purposes of this document the term “a…
A Joint Venture where the entity managing its activities is at any point in time not a a major oil and gas company wholly-owned entity. For the purposes of this document the term “a major oil and gas company wholly-owned entity” is intended to have the same meaning as per the a major oil and gas company Code of Conduct.
✓ Verified term