OPEX meaning in oil and gas
Definition
Operating Expense
OPEX means Operating Expense. Costs incurred to 'operate' or maintain the organization at the current level of service with no new project activities. Sometimes refered to as the 'lights on' cost
Costs incurred to 'operate' or maintain the organization at the current level of service with no new project activities. Sometimes refered to as the 'lights on' cost
✓ Verified term