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IndustryGlossary Term

Strait of Hormuz

A critical shipping chokepoint between Oman and Iran controlling roughly 20% of global oil flow. Disruptions here can spike material costs and delay equipment deliveries for subcontractors. Budget contingencies and procurement timelines should account for geopolitical risk in this corridor.

Related Terms

ESP (Electric Submersible Pump)

Industry

A downhole pump system installed inside a wellbore to lift fluids to surface when natural reservoir pressure is insufficient. Subcontractors are commonly engaged for ESP installation, pulling, and maintenance work. Specialised lifting equipment and electrical certifications are typically required on these jobs.

Shaker Screens

Industry

Mesh filters mounted on shale shakers that separate drill cuttings from drilling fluid on the rig. Subcontractors handling fluid management or solids control must track screen condition and swap them regularly. Damaged or plugged screens slow operations and can trigger downtime charges against your crew.

Secondary Stress

Industry

Indirect mechanical stress that develops in structures or piping due to thermal expansion, settlement, or equipment movement. Unlike primary stress, it isn't caused by direct applied loads. Subcontractors must account for it during installation and inspection to avoid material fatigue and warranty disputes.

Dredging

Industry

The mechanical excavation and removal of sediment, rock, or debris from riverbeds, harbours, or pipeline corridors using specialised equipment. Subcontractors are often engaged for site preparation, spoil disposal, and environmental compliance support. Scopes can range from small trenching jobs to large marine infrastructure projects.

BESS (Battery Energy Storage System)

Industry

A large-scale battery installation that stores and dispatches electrical power on remote or off-grid job sites. Subcontractors may be hired to install, commission, or maintain these units alongside diesel generators or solar arrays. Familiarity with high-voltage systems and OEM safety protocols is typically required.

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.

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