The downstream segment contracts in Middle East registered a decrease of 33% with four contracts in April 2022, when compared with the previous month’s total of six contracts, according to GlobalData’s oil and gas contracts database.

A total of four contracts were registered in the downstream segment of Middle East during the month, when compared with the last 12-month moving average of six contracts.


In terms of the number of contracts in Middle East, the upstream segment contributed the most with 22 contracts in April 2022, followed by midstream and downstream segments with eight and four contracts, respectively.


Contract award activity in Middle East’s downstream segment during April 2022

In April 2022, Saudi Arabia and Turkey led the activity with two contracts and a 50% share each of the downstream oil and gas contracts in Middle East. It saw an increase of 200% over the previous month’s no contracts and an increase of 100% when compared with the last 12 month-average of one contract in Saudi Arabia.

Based on 12-month moving average of the contracts in the downstream segment of Middle East, Qatar took the top spot with two contracts, followed by Iraq and Kuwait with one contract each.

Contracts by scope of work in Middle East’s downstream segment during April 2022

During the month, the majority of downstream segment contracts awarded in the Middle East were in the operations & maintenance with three contracts, followed by procurement 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.