The downstream segment contracts in Middle East registered an increase of 13% with nine contracts in October 2021, when compared with the previous month’s total of eight contracts, according to GlobalData’s oil and gas contracts database.

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


In terms of the number of contracts in Middle East, the upstream segment contributed the most with 24 contracts in October 2021, followed by downstream and midstream segments with nine and eight contracts, respectively.


Contract award activity in Middle East’s downstream segment during October 2021

In October 2021, Saudi Arabia led the activity with four contracts and a 44% share of the downstream oil and gas contracts in Middle East.

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.

In second place was Qatar with three contracts and a 33% share, followed by Oman with one contract and an 11% share.

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

Contracts by scope of work in Middle East’s downstream segment during October 2021

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

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.