FieldNews
Subscribe
Industry Glossary Term

AFE (Authorization for Expenditure)

A budgeting document used in oil and gas projects that outlines expected costs and seeks approval before work begins. Subcontractors often work under AFEs issued by operators.

Share this term: LinkedIn Post

Related Terms

Hot Shot

Industry

Expedited delivery service for equipment, parts, or materials to remote job sites. Often used for urgent oilfield deliveries.

FPSO (Floating Production, Storage and Offloading Unit)

Industry

A ship-shaped offshore vessel that processes and stores crude oil or gas directly at sea, then transfers it to tankers — for subcontractors, FPSOs represent remote, long-duration worksites with strict offshore safety certification requirements, specialised crew rotation logistics, and scope that can span topside maintenance, marine systems, and instrumentation work simultaneously.

Subsea Tieback

Industry

A pipeline or flow line system that connects a new offshore wellhead or satellite field back to an existing production facility or platform, allowing operators to develop remote reserves without building standalone infrastructure. For subcontractors, tiebacks often involve specialised subsea installation, inspection, and maintenance scopes that require certified divers, ROV crews, or subsea engineering support.

EOR (Enhanced Oil Recovery)

Industry

A set of advanced extraction techniques—such as steam injection, chemical flooding, or CO2 injection—used to pull additional crude from mature or low-yield reservoirs, which drives demand for specialised field service crews, equipment operators, and maintenance contractors on long-term site assignments.

Midstream

Industry

The segment of the oil and gas industry involved in processing, storing, and transporting oil, gas, and NGLs. Includes pipelines, gathering systems, and processing plants.

Pressure Pumping

Industry

A well stimulation service involving the high-pressure injection of fluids — such as fracturing fluid, cement, or acid — into a wellbore to improve production or complete the well; for subcontractors, it represents a specialised, equipment-intensive scope of work that typically requires certified operators, dedicated pump trucks, and close coordination with the primary operator on site.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project by Aimsio