An international body that sets economic and regulatory guidelines affecting oil and gas investment in member countries. Its anti-bribery and tax transparency standards directly impact how subcontractors operate on international projects. Companies working in OECD member nations must align procurement and invoicing practices with these standards.
OECD (Organisation for Economic Co-operation and Development)
Related Terms
Surface Access Rights
ComplianceLegal authorisation allowing crews and equipment to enter privately or publicly owned land to perform field work. Subcontractors must confirm these rights are secured before mobilising to site. Working without confirmed access can halt operations and expose your company to liability.
Energy Isolation
ComplianceThe process of shutting down and locking out all energy sources — electrical, hydraulic, pneumatic — before maintenance or service work begins. Subcontractors are typically required to follow the site owner's specific isolation procedures and permit system. Non-compliance can result in immediate removal from site and liability exposure.
Fall Protection Program
ComplianceA documented safety plan required when workers are exposed to fall hazards above 3 metres. It outlines equipment requirements, inspection procedures, and worker training obligations. Subcontractors are typically responsible for maintaining their own compliant program on site.
Local Content
ComplianceA requirement that a set percentage of workers, materials, or services come from the local region or country. Subcontractors must often prove local hiring and sourcing to help clients meet these obligations. Non-compliance can disqualify your bid or void a contract.
Api 510 (american Petroleum Institute Standard 510)
ComplianceAn inspection code governing the maintenance and repair of in-service pressure vessels. Subcontractors performing vessel work must often comply with API 510 requirements and use certified inspectors. Non-compliance can result in work stoppages or contract disqualification.
Asme Section Viii
ComplianceThe ASME (American Society of Mechanical Engineers) code governing the design, fabrication, and inspection of pressure vessels. Subcontractors working on pressure vessels must ensure equipment bears the ASME stamp, confirming code compliance. Non-compliant vessels can trigger work stoppages and liability issues on site.
Latest Compliance News
Enverus Models Brent Above $100 Through Mid-2027 as Hormuz Disruption Drains OECD Stocks to 20-Year Lows
Enverus Intelligence Research projects OECD crude inventories will fall to 20-year lows by late 2026, keeping Brent above $100/bbl through Q3 2027 — a sustained price environment with major implications for E&P budgets and field service demand.
4 months agoComplianceRed Seal $5,000 Completion Bonus Portal Opens Nov. 16
Canadian journeypersons certified in a Red Seal trade on or after April 1, 2025 can apply for a $5,000 federal bonus starting Nov. 16, 2026. Here is what employers should prepare now.
2 days agoComplianceTraffic Exposure Was the Top Hazard on Caltrans LA Tunnel Relighting
On Aldridge Electric's I-405/I-105 tunnel relighting in Los Angeles, traffic breaches drove the safety plan. Here is what electrical and traffic control subs can take from it before bidding live-traffic work.
4 days agoComplianceFinning Fined $155K After 2023 Loader Injury Near Fort McMurray
Finning International pleaded guilty to an Alberta OHS Code count after a worker was struck by a moving loader in 2023. The $155,000 creative sentence funds third-party-site safety training.
5 days agoRelated Guides
When a Jobsite Incident Happens: What Field Workers Need to Know Before Signing Anything
What to do after a jobsite injury or incident, what your rights are before signing incident reports, how workers' compensation works, and how to protect yourself on multi-employer worksites.
Compliance GuideOSHA Citations on Multi-Employer Worksites: What Subcontractors Need to Know
Learn how OSHA's multi-employer citation policy works, why subcontractors get cited for hazards they didn't create, and how to protect your company on operator-controlled job sites.
Compliance GuideHow to Read and Negotiate an Oilfield Master Service Agreement (MSA): A Subcontractor's Guide
Learn which MSA clauses actually matter for oilfield subcontractors: indemnity, insurance, payment terms, and change orders. Know what you're signing.
Stay sharp on field operations
Industry news and insights, delivered to your inbox.
Subscribe to FieldNews
