The downstream segment contracts in Middle East remained flat in March 2022, when compared with the previous month’s total of five contracts, according to GlobalData’s oil and gas contracts database.

A total of five contracts were registered in the downstream segment of Middle East during the month, remained flat when compared with the last 12-month average contracts.


In terms of the number of contracts in Middle East, the upstream segment contributed the most with 24 contracts in March 2022, followed by midstream and downstream segments with six and five contracts, respectively.


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

In March 2022, Iraq, Kuwait and Qatar led the activity with one contract and a 20% share each of the downstream oil and gas contracts in Middle East. It saw a flat growth over the previous month’s total of one contract and a flat growth when compared with the last 12 month-average of one contract in Iraq.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

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

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

During the month, the majority of downstream segment contracts awarded in the Middle East were in the design & engineering and operations & maintenance with two contracts each, followed by procurement with two contracts.

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.