Petroleum Acronyms

OIL & GAS GLOSSARY

General Industry Term

SIP

Definition

Self Installing Platform

SIP means Self Installing Platform.

An offshore platform that can install itself without needing a heavy-lift vessel.

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SIPES

Society of Independent Professional Earth Scientists

SPOP

Spontaneous Potential Open Hole

SKPLT

UPB

Upper Packer Bore

PIIP

Petroleum Initially in Place