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IndustryGlossary Term

Embankment

A raised earthen structure used to support roads, pipelines, or equipment pads on unstable or uneven terrain. Subcontractors often work on or around embankments during site prep, grading, and pipeline installation. Stability assessments may affect crew access and equipment positioning.

Related Terms

Cavern Infrastructure

Industry

Underground storage facilities, typically salt caverns, used to store hydrocarbons like natural gas or crude oil. Subcontractors may be engaged for cavern construction, well drilling, piping, and surface facility work. Projects often involve specialised equipment and compressed timelines tied to storage demand cycles.

Behind-The-Meter

Industry

Refers to power generation or energy systems located on a client's side of the utility connection point. For subcontractors, this often means working on site-owned generators, solar arrays, or battery storage on industrial or remote worksites. Scopes here fall outside utility jurisdiction, affecting permitting and inspection requirements.

Exploratory Well

Industry

A well drilled in an unproven area to determine whether hydrocarbons are present, typically representing higher-risk, shorter-duration work for subcontractors with less certainty of follow-on contracts compared to development drilling programmes. Field service companies should account for the speculative nature of these projects when negotiating mobilisation costs and contract terms.

Modular Construction

Industry

A build method where structures are assembled from prefabricated units manufactured offsite, then transported and installed on location. Subcontractors are often scoped for site prep, mechanical tie-ins, or installation crews rather than full builds. Work tends to come in concentrated, short-duration packages tied to delivery schedules.

FID (Final Investment Decision)

Industry

The point when a project owner formally approves funding and commits to proceeding with a major project. For subcontractors, FID is the trigger that converts preliminary work into confirmed scopes and purchase orders. Mobilisation planning, crew hiring, and equipment sourcing typically begin after FID is announced.

Negative Gas Prices

Industry

Occurs when oversupply forces producers to pay buyers to take gas, signalling severe market stress. For subcontractors, this often triggers rapid project suspensions, deferred work orders, and delayed payments. Expect scope reductions and early contract terminations when prices turn negative.

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