Turnaround

A company hired by a general contractor or directly by an operator to perform a specific portion of work. Subcontractors often specialize in particular services or trades.

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.

The process of moving equipment and personnel to a job site (mobilization) and returning them afterward (demobilization). Often billed as separate line items.

A company that provides specialized services to oil and gas operators, such as drilling, completions, workover, transportation, or maintenance. Also called oilfield services (OFS).

When a well or piece of production equipment is temporarily halted or taken offline, often resulting in subcontractors being demobilised or placed on standby with reduced or suspended billable hours until operations resume.

The segment of the oil and gas industry involved in exploration and production (E&P). Includes drilling, completions, and well operations.