Systems that capture and hold power (batteries, flywheels, capacitors) for later use on remote or off-grid job sites. Subcontractors use them to reduce generator runtime and fuel costs. They are increasingly specified by clients in ESG-driven scopes.
Energy Storage
Related Terms
Offtake Agreement
IndustryA long-term contract where a buyer commits to purchasing a set volume of product from a producer. For subcontractors, these agreements signal stable, ongoing site activity and sustained demand for field services. They often underpin project financing, making worksites more financially secure for service providers.
Facility Tie-in
IndustryThe process of connecting new pipelines, equipment, or infrastructure to an existing operating facility. For subcontractors, tie-in work often requires strict hot-work permits and coordinated shutdowns with the operator. Scope can expand quickly, so clear change-order procedures are essential before mobilising.
Long-Lead Equipment
IndustrySpecialised equipment requiring extended manufacturing or procurement timelines, often months or years. Subcontractors must align mobilisation schedules and contracts around delivery dates. Delays to long-lead items frequently cascade into project deferrals and standby costs.
VLCC (Very Large Crude Carrier)
IndustryA massive oil tanker capable of carrying up to two million barrels of crude. Subcontractors providing marine maintenance, inspection, or coating services may be mobilised to service VLCCs at port or in dry dock. These vessels require specialised certifications and safety compliance for anyone working aboard.
Epc (engineering, Procurement, and Construction) Contractor
IndustryA company hired to deliver a project from design through build, acting as the main contractor above subcontractors. As a subcontractor, your client and contract holder is typically the EPC, not the asset owner. They control scope, scheduling, and invoice approval on site.
Lattice Boom
IndustryAn open-framework steel crane arm made of welded triangular sections, used for heavy lifts on oil and gas or construction sites. Subcontractors must verify lift plans and operator certifications before mobilising lattice boom cranes. Daily rates and rigging crew requirements are typically higher than hydraulic boom alternatives.
Latest Industry News
Texas Regulator Issues Second Deep Geothermal Well Permit to Quidnet Energy
The Texas Railroad Commission has issued its second deep geopressured geothermal well permit, this time to Quidnet Energy Deployment for a Galveston County energy storage project, World Oil reports.
3 days agoIndustryEDP Renewables Completes 200-MW Battery Storage Project in Coolidge, Arizona
EDP Renewables North America and Salt River Project have commissioned the 200-MW/800-MWh Flatland Energy Storage facility in Pinal County, Arizona, one of the larger standalone BESS projects to come online in the Southwest.
1 month agoIndustryUS Battery Storage Hits Record 9.7 GWh in Q1 2026, Driving Construction Demand
US energy storage installations reached a record 9.7 GWh in the first quarter of 2026, signaling accelerating battery project construction and new opportunities for field service contractors.
2 months agoIndustryDemocrat Urges Coast Guard Review Ahead of Alberta-to-B.C. Pipeline
Rep. Rick Larsen wants the U.S. Coast Guard to update oil spill response coordination with Canada as a proposed Alberta-to-B.C. pipeline threatens to raise tanker traffic through the Salish Sea.
11 hours agoRelated Guides
How Operator Mergers and Acquisitions Affect Your Subcontract Agreements
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Industry GuideHow Rig Count Trends Affect Subcontractor Demand and What to Do About It
Rig counts are the earliest signal of where field service work is heading. Learn how to read drilling activity trends, anticipate demand shifts, and position your crew before the phone stops ringing.
Industry GuideWhat Is an AFE in Oil and Gas and How Does It Affect Subcontractor Payments?
An AFE (Authorization for Expenditure) controls every dollar spent on an oilfield project. Learn how it affects your billing, change orders, and cash flow as a subcontractor.
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