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IndustryGlossary Term

Metering

The measurement and monitoring of fluid, gas, or electrical flow at a site using calibrated instruments. Subcontractors may be hired to install, maintain, or calibrate metering equipment. Accurate metering data often drives billing, allocation, and regulatory reporting.

Related Terms

Pigging

Industry

The process of running a device called a pig through a pipeline to clean, inspect, or displace fluids. Subcontractors are often hired to provide pig launcher and receiver equipment, operators, and associated support services. Pigging scopes can range from routine maintenance runs to complex inline inspection campaigns.

Critical Minerals

Industry

Minerals deemed essential to national economies and energy transition, such as lithium, cobalt, and rare earths. Extraction and processing projects for these materials are driving significant new field service demand across Canada. Subcontractors with mining or remote site experience are well-positioned to pursue this growing work.

Straddle Plant

Industry

A midstream processing facility installed along an existing pipeline to extract natural gas liquids like propane and butane. Subcontractors are frequently mobilised for construction, maintenance, and turnaround work at these sites. Work scopes often include compression, refrigeration, and fractionation system servicing.

TIC (Total Installed Cost)

Industry

The full cost of completing a scope of work, including labour, equipment, materials, and indirect expenses. Subcontractors use TIC to build accurate bids and avoid underpricing complex field installations. Owners and GCs often benchmark TIC when evaluating competing quotes.

Lattice Boom

Industry

An 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.

Mmbtu (million British Thermal Units)

Industry

A standard unit for measuring natural gas energy content, commonly used in supply contracts and fuel billing. Subcontractors working on gas facilities or equipment commissioning will encounter MMBtu-based pricing. It directly affects how fuel costs and energy consumption are calculated on invoices.

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