The equipment and techniques used to lift, secure, and move heavy loads on a job site. Subcontractors must ensure all rigging gear is certified and operators are ticketed. Improper rigging is a leading cause of serious incidents and contract liability.
Rigging
Related Terms
In-Situ
IndustryWork performed on-site without removing equipment or materials from their installed position. Subcontractors are often mobilised specifically for in-situ repairs, inspections, or testing. Scope and billing should clearly reflect the fixed work location.
Remote-Site Services
IndustryWork performed at isolated locations far from urban centres, such as camps, wellsites, or pipeline corridors. Subcontractors must self-manage logistics, including equipment, consumables, and crew rotations. Mobilisation costs and travel time significantly affect how contracts should be priced.
Physical Oil Price
IndustryThe actual market price paid for real barrels of oil delivered at a specific location, as opposed to futures contract prices. For subcontractors, client budgets and contract award activity closely track physical oil prices. When physical prices drop, project deferrals and rate pressure often follow quickly.
Easement
IndustryA legal right allowing access to land owned by someone else for a specific purpose, such as running pipelines or power lines. Subcontractors must confirm easement boundaries before mobilising equipment or breaking ground. Working outside easement limits can trigger legal liability and project shutdowns.
Phased Array Ut (phased Array Ultrasonic Testing)
IndustryAn advanced non-destructive testing method that uses multiple ultrasonic beams to inspect welds and materials for defects. It replaces traditional radiography on many pipeline and pressure vessel jobs. Subcontractors offering PAUT services often command higher rates and qualify for more specialised scopes.
WTI (West Texas Intermediate)
IndustryA global benchmark crude oil price used to gauge market health and operator spending confidence. When WTI prices drop, clients often freeze or cut field service contracts and budgets. Rising WTI typically signals more work and stronger mobilisation activity for subcontractors.
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