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IndustryGlossary Term

Rare-Earth Elements

A group of 17 metallic minerals critical to manufacturing motors, sensors, and electronics used in oilfield and construction equipment. Supply chain disruptions can affect equipment availability and drive up costs for field service operators. Subcontractors should monitor REE-related procurement delays when planning equipment-intensive scopes.

Related Terms

CCGT (Combined-cycle Gas Turbine)

Industry

A power generation system that captures waste heat from a gas turbine to drive a secondary steam turbine, boosting efficiency. Subcontractors often support CCGT plants during scheduled outages, commissioning, and maintenance shutdowns. Work typically requires specialised turbine, piping, and instrumentation trades.

Punching-Shear Failure

Industry

A structural failure where a concentrated load punches through a slab or foundation, creating a cone-shaped break. Subcontractors must watch for this risk when positioning heavy equipment on concrete pads or temporary platforms. Undetected, it can cause sudden equipment collapse and serious site liability.

Raise Boring

Industry

A drilling method that creates vertical or inclined shafts by reaming upward from a pilot hole. Subcontractors use it for ventilation shafts, ore passes, and utility corridors. It requires specialised rigs and certified crews, affecting your equipment and labour bids.

AISI (American Iron and Steel Institute)

Industry

A standards body that classifies steel grades used in oilfield and construction equipment. Subcontractors reference AISI codes when sourcing pipe, fittings, or structural steel to meet spec requirements. Knowing these grades helps avoid costly material rejections on site.

Battery Storage

Industry

Systems that store electrical energy on-site for use during peak demand or grid outages. Subcontractors increasingly deploy these on remote job sites to reduce generator fuel costs. They also support electrified equipment fleets and temporary power setups.

Leak Detection System

Industry

Equipment and processes used to identify fluid or gas escapes in pipelines, tanks, or wellheads. Subcontractors are often hired to install, inspect, or maintain these systems under strict regulatory timelines. Failing to meet operator specs can trigger contract penalties or work stoppages.

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