They are Rings but smaller. Culture Rings are like Niven's Ringworld, and go all the way around a star, spinning around the star to simulate gravity. Culture orbitals are also ring-shaped and spinning to simulate gravity, but they're nowhere near as big (relatively speaking; still more surface area than Earth), and generally orbit a star more like a planet does. Culture Spheres are Dyson spheres.
The size of an Orbital is dictated by day length and surface "gravity" - they are arguably more elegant than Niven style Rings which need a lot of extra stuff to generate day/night cycles (shadow squares?).
I don't think the Culture builds rings or spheres themselves, but they exist and they are aware of them. There are civilizations in the galaxy considerably more advanced than the Culture.
Banks' "Orbitals" are smaller rings, perhaps planet-diameter, orbiting at a distance from their star; "Rings" are Niven-Ringworld-style structures with a star in the middle. Spheres are mentioned here and there, I think, just called "spheres".