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Industry Glossary Term

Microreactor

A compact, factory-built nuclear reactor designed to power remote industrial sites and off-grid operations. For subcontractors, these units may replace diesel gen-sets at isolated worksites. Expect new safety certification and compliance requirements when working near these systems.

Related Terms

Feedstock

Industry

Raw material fed into a processing facility, such as crude oil, bitumen, or natural gas. Subcontractors often support feedstock handling through pipeline work, tank maintenance, and material transfer operations.

Aggregates

Industry

Crushed stone, gravel, and sand used as base materials in construction and oil and gas site preparation. Subcontractors sourcing or hauling aggregates must account for material costs, transport, and site access conditions. Pricing and availability vary significantly by region and project remoteness.

Shaft Sinking

Industry

The process of excavating a vertical or near-vertical tunnel from surface down to an underground work area. Subcontractors are often engaged for specialised tasks like lining, hoisting, or ground support during this phase. It is common in mining, utility, and heavy civil construction projects.

EVA (Extreme Value Analysis)

Industry

A statistical method used to predict the likelihood of rare but severe events, such as equipment failures or extreme weather. Field service contractors use EVA to assess project risk and plan contingency resources. It helps justify standby equipment costs and mobilisation buffers in contract negotiations.

Dual-Fuel System

Industry

An 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.

Compression Station

Industry

A facility that boosts natural gas pressure to move it through pipelines over long distances. Subcontractors are frequently mobilised here for maintenance, mechanical work, and equipment inspections. These sites often require specific safety certifications and site orientations before work begins.

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