The downstream segment contracts in Africa registered an increase with one contract in October 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, remained flat when compared with the last 12-month average contracts.
In terms of the number of contracts in Africa, the upstream segment contributed the most with nine contracts in October 2022, followed by midstream and downstream segments with two and one contract, respectively.
Contract award activity in Africa’s downstream segment during October 2022
In October 2022, Nigeria held one contract and a 100% share of the downstream oil and gas contracts in Africa.
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By GlobalDataBased 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.
Contracts by scope of work in Africa’s downstream segment during October 2022
During the month, the majority of downstream segment contracts awarded in the Africa were in the operations & maintenance 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.
