LOI (Letter of Intent)

Cloud-based software you access via subscription instead of buying and installing it outright. For subcontractors, this covers tools like invoicing, scheduling, and compliance tracking platforms. You pay a recurring fee and can access the software from any jobsite device.

A project requiring multiple specialised trades — such as welders, pipefitters, and electricians — deployed in sequence or simultaneously. Subcontractors must coordinate closely to avoid schedule conflicts and delays. Winning work on these projects often requires demonstrating multi-discipline capacity to the prime contractor.

A collapsible, flexible fluid storage container used on job sites to hold fuel, water, or chemicals. Subcontractors often mobilise them where permanent tanks aren't practical. They're common on remote oil and gas and construction sites.

A strong, flexible cast iron alloy used in pipes, fittings, and valves on oil and gas and construction sites. It resists cracking under pressure, making it common in water, gas, and slurry line installations. Subcontractors should confirm material specs before procurement, as ductile iron has specific handling and joining requirements.

A unit measuring one megawatt of electrical power consumed or produced over one hour. Subcontractors encounter MWh when billing for generator rentals, temporary power supply, or energy-intensive equipment on remote sites. It also appears in green energy projects where field crews install or service solar, wind, or battery storage systems.

A power generation setup where waste heat from a gas turbine is reused to produce additional electricity via a steam turbine. Subcontractors working these facilities must be prepared for more complex systems and stricter safety protocols. Maintenance scopes are typically broader, covering both turbine types.

How Operator Mergers and Acquisitions Affect Your Subcontract Agreements

When operators merge, get acquired, or sell assets, subcontractor agreements are caught in the middle. Learn how M&A activity affects your MSA, payment terms, vendor status, and what to do before, during, and after a deal closes.

How 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.

What 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.