Reservoir & Subsurface

SIOP meaning in oil and gas

Definition

Information System for Monitoring Oil Industry Operations

SIOP means Information System for Monitoring Oil Industry Operations. This is the English translation of a Portuguese acronym for a process that describes how all types of cost (capital, expense, etc.) are accounted for…

This is the English translation of a Portuguese acronym for a process that describes how all types of cost (capital, expense, etc.) are accounted for under an Angolan PSA.

✓ Verified term