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Daily oil & gas and construction news for subcontractors

IndustryGlossary Term

Sealed Bid

A confidential tender submission where subcontractors submit pricing without knowing competitors' rates. All bids are opened simultaneously by the hiring company. This process is common in public sector and large operator contracts across oil and gas and construction.

Related Terms

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.

Throughput

Industry

The volume of work or units a crew completes within a set timeframe. Higher throughput means more billable output per shift, directly affecting your contract profitability. Subcontractors often track throughput to justify crew sizes and equipment needs.

Feedgas

Industry

Raw natural gas supplied to a processing plant or facility for treatment and conditioning. Feedgas volumes and composition directly affect how long subcontractors are mobilised on-site. Changes to feedgas quality can trigger scope adjustments and additional service orders.

Compression Expansion

Industry

A growth phase where an operator scales up gas compression infrastructure, creating demand for additional field service crews and equipment. Subcontractors should anticipate increased work orders for installation, commissioning, and maintenance. Securing standing agreements before expansion begins helps lock in preferred vendor status.

Portable Crusher

Industry

A mobile machine that breaks down rock, concrete, or aggregate on-site, eliminating haul-off costs. Subcontractors often supply or operate these units under equipment rental or crushing contracts. Commonly used in pipeline trenching, site prep, and demolition scopes.

CIPP (Cured-in-place Pipe)

Industry

A trenchless pipe rehabilitation method where a resin-saturated liner is inserted into a damaged pipe and hardened in place. Subcontractors typically provide specialised crews, inversion or pull-in equipment, and UV or steam curing systems. Common in municipal, oil and gas, and industrial pipeline maintenance scopes.

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