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Industry Glossary Term

Steam Circulation

A process where steam is pumped through wellbore tubing to heat and mobilise heavy oil or bitumen. Subcontractors are often engaged for equipment operation, line connections, and monitoring during circulation cycles. Scope can expand quickly, so confirm change-order terms before mobilising.

Related Terms

Marine Infrastructure

Industry

Offshore and coastal structures such as platforms, jetties, pipelines, and subsea systems where field work is performed. Subcontractors must hold marine-specific certifications and follow offshore safety protocols. Mobilisation costs and logistics are typically higher than onshore projects.

FEED (Front-end Engineering Design)

Industry

The detailed engineering phase before a project is sanctioned for full construction. For subcontractors, FEED signals that scopes, specs, and vendor lists are being finalised. Winning work during FEED often positions your company for contracts in the execution phase.

ERAS (Expedited Resource Addition Study)

Industry

A utility or pipeline operator's fast-tracked assessment to connect new energy infrastructure to the grid or network. For subcontractors, an approved ERAS often signals upcoming mobilisation opportunities and tight project timelines. Winning work tied to an ERAS typically means compressed schedules and rapid crew deployment.

Acreage

Industry

A block of land held under lease by an operator for exploration or production activity. For subcontractors, active acreage signals where drilling, completions, or facility work is likely to be awarded. Larger acreage positions often mean longer-term, repeat work opportunities in a region.

Mmtpa (million Metric Tons Per Annum)

Industry

A measure of annual production or throughput capacity at LNG, mining, or pipeline facilities. Subcontractors use it to gauge project scale and estimate long-term scope of maintenance or construction work. Higher MMtpa ratings typically signal larger crews, longer contracts, and more equipment requirements.

Deferred Maintenance

Industry

Upkeep or repair work that has been postponed by an asset owner due to budget constraints or scheduling conflicts. For subcontractors, deferred maintenance often triggers urgent, high-volume scopes when work is finally released. Expect compressed timelines, ageing equipment, and increased safety hazards on these jobs.

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