The downstream segment contracts in Africa registered an increase with one contract in May 2022, when compared with no contracts in the previous month, according to GlobalData’s oil and gas contracts database.
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A total of one contract were registered in the downstream segment of Africa during the month, when compared with the last 12-month moving average of two contracts.
Contract award activity in Africa’s downstream segment during May 2022
In May 2022, Egypt held one contract and a 100% share of the downstream oil and gas contracts in Africa. It saw an increase of 100% over the previous month’s no contracts and a flat growth when compared with the last 12 month-average of one contract in Egypt.
Based on 12-month moving average of the contracts in the downstream segment of Africa, Egypt and Nigeria took the top spot with one contract each.
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By GlobalDataContracts by scope of work in Africa’s downstream segment during May 2022
During the month, the majority of downstream segment contracts awarded in the Africa were in the design & engineering with one contract.
Methodology
All publicly announced contracts are included in this analysis, which is drawn from GlobalData’s oil and gas contracts database that provides insights into awarded and expired contracts globally.
More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s oil and gas database.
