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IndustryGlossary Term

Retrofit

Upgrading or modifying existing equipment to meet new specs, safety standards, or operational requirements. Subcontractors are often hired specifically for retrofit scopes on aging infrastructure. Work may require specialised certifications and careful coordination with the client's existing systems.

Related Terms

High-Impact Well

Industry

A well with significant technical complexity, cost, or strategic value to the operator. For subcontractors, these projects typically involve stricter oversight, specialised equipment, and higher performance expectations. Mobilisation windows and crew qualifications are often scrutinised more closely.

Parcel

Industry

A defined section of land or a lease area assigned to a specific project or operator. Subcontractors may be scoped and mobilised by parcel, affecting billing boundaries and crew deployment zones.

VRU (Vapour Recovery Unit)

Industry

A compression system that captures hydrocarbon vapours from storage tanks or production equipment instead of venting them. Subcontractors are often hired to install, maintain, or service VRUs to meet emissions regulations. Familiarity with VRU work is increasingly required on oil and gas production sites.

Production Drilling

Industry

Drilling performed on a proven reservoir to extract hydrocarbons commercially, as opposed to exploration work. For subcontractors, it typically means longer campaigns with more predictable scopes. Expect repetitive well programmes and stronger potential for extended service agreements.

LNG (Liquefied Natural Gas)

Industry

Natural gas cooled to -162°C to become liquid for easier transport and storage, creating specialized work opportunities for subcontractors in cryogenic equipment maintenance, pipeline construction, and terminal facilities that require specific safety certifications and cold-weather expertise.

Completions

Industry

The phase of oil and gas well development after drilling is finished, encompassing the work required to prepare a well for production — including perforating, fracturing, and installing wellhead equipment. For subcontractors, completions represent a concentrated burst of high-demand field work where specialised crews, equipment, and services are mobilised under tight timelines.

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