VLCC (Very Large Crude Carrier)

A project delivery approach that combines 3D modelling, scheduling, and cost data into a single digital environment. Subcontractors use VDC to coordinate scope, reduce field conflicts, and plan work sequences before boots hit the ground. Early involvement in VDC workflows can help subs identify clashes, price work more accurately, and avoid costly rework.

A formal business arrangement where two or more companies partner to pursue a specific project or contract, which can affect subcontractors by changing who issues purchase orders, approves invoices, or holds liability on site. Field service companies should confirm early which JV partner is the contracting entity to avoid payment delays or scope disputes.

A formal notice from an operator or prime contractor inviting subcontractors to express interest in upcoming work. It is not a binding tender but helps owners build a qualified vendor list. Responding early can position your company for the actual bid process.

A foundation pile driven or screwed into soil without removing material, pushing ground laterally to create a tight fit. Common in oil and gas facility and construction site foundations. Subcontractors should confirm soil displacement specs early, as ground conditions directly affect equipment selection and crew scheduling.

A specialised ship used to perform maintenance, repair, or remediation work on subsea wells and pipelines. Subcontractors are often mobilised to these vessels for ROV operations, well work, or equipment installation. Scheduling and access are tightly controlled by the operator.

Work 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.

How Operator Mergers and Acquisitions Affect Your Subcontract Agreements

When operators merge, get acquired, or sell assets, subcontractor agreements are caught in the middle. Learn how M&A activity affects your MSA, payment terms, vendor status, and what to do before, during, and after a deal closes.

How Rig Count Trends Affect Subcontractor Demand and What to Do About It

Rig counts are the earliest signal of where field service work is heading. Learn how to read drilling activity trends, anticipate demand shifts, and position your crew before the phone stops ringing.

What Is an AFE in Oil and Gas and How Does It Affect Subcontractor Payments?

An AFE (Authorization for Expenditure) controls every dollar spent on an oilfield project. Learn how it affects your billing, change orders, and cash flow as a subcontractor.