Commercial & Finance

REI meaning in oil and gas

Definition

Rotating Equipment Initiative

REI means Rotating Equipment Initiative. Procurement Method for the purchase of rotating machinery - as directed by the CVP<p> Provides standardised processes and procedures to reduce time and cost of procuring RE

Procurement Method for the purchase of rotating machinery - as directed by the CVP<p> Provides standardised processes and procedures to reduce time and cost of procuring RE

✓ Verified term