Natural gas cooled to -162°C to become liquid for easier transport and storage, creating specialized work opportunities for subcontractors in cryogenic equipment maintenance, pipeline construction, and terminal facilities that require specific safety certifications and cold-weather expertise.
LNG (Liquefied Natural Gas)
Related Terms
Proactive Maintenance
IndustryScheduled inspections and repairs performed before equipment fails, reducing costly downtime on job sites. Subcontractors who offer proactive maintenance services can secure longer-term service agreements with operators. It also helps avoid liability tied to unexpected breakdowns during active contracts.
Private Activity Bonds
IndustryTax-exempt bonds issued by governments to finance private infrastructure projects like pipelines or terminals. Subcontractors may work on bond-funded projects, which often carry strict procurement and reporting requirements. Understanding this can affect how you bid and invoice on qualifying jobs.
Load Path Planning
IndustryThe process of mapping how heavy equipment or materials will be moved from origin to job site. Subcontractors must identify weight limits, road restrictions, and permit requirements along the route. Poor planning causes costly delays, fines, or equipment damage.
MOU (Memorandum of Understanding)
IndustryA non-binding agreement outlining the intent to work together before a formal contract is signed. Subcontractors use MOUs to secure preferred vendor status or reserve capacity for upcoming projects. They carry no payment guarantee, so avoid mobilising resources based solely on an MOU.
Dual-Fuel System
IndustryAn engine or generator that runs on two fuel sources, typically diesel and natural gas, allowing switching based on availability or cost. Common on remote job sites where field crews manage fuel supply logistics. Subcontractors may need certified technicians and specific maintenance protocols to operate this equipment.
EIA (Energy Information Administration)
IndustryA U.S. federal agency that publishes energy data, forecasts, and market reports. Subcontractors use EIA reports to track oil and gas price trends and anticipate shifts in project demand. Monitoring EIA data helps field service companies time bids and resource planning.
Latest Industry News
Shell Bets on Canada Gas Growth Via ARC Deal, LNG Canada Phase 2
Shell's CFO says the company is "investing heavily" in Canada, tying its ARC Resources takeover to LNG Canada's ramp-up and a Phase 2 decision expected by year-end.
20 hours agoIndustryAllseas Wins Subsea Pipelay Contract for BC's PRGT-Ksi Lisims LNG Link
Western LNG has tapped offshore contractor Allseas to install a 50-kilometer subsea pipeline segment linking the Prince Rupert Gas Transmission line to the Ksi Lisims LNG export terminal, with work slated to start in 2029.
4 days agoIndustryKsi Lisims LNG Signs 20-Year Supply Deal With Germany's Uniper
Uniper will buy two MMtpa of LNG for up to 20 years from Ksi Lisims LNG in British Columbia, with deliveries starting in 2032, Rigzone reports.
4 days agoIndustryBaker Hughes Adds Six More Liquefaction Blocks to CP2 LNG Scope
Baker Hughes has expanded its equipment supply deal with Venture Global to cover 12 liquefaction modules at the CP2 LNG project in Louisiana, signaling fresh mechanical and site-prep work ahead.
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