The downstream segment contracts in North America registered a decrease of 75% with one contract in July 2022, when compared with the previous month’s total of four contracts, according to GlobalData’s oil and gas contracts database.
A total of one contract were registered in the downstream segment of North America during the month, when compared with the last 12-month moving average of seven contracts.
Contract award activity in North America’s downstream segment during July 2022
In July 2022, Canada held one contract and a 100% share of the downstream oil and gas contracts in North America. 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 Canada.
Based on 12-month moving average of the contracts in the downstream segment of North America, the US took the top spot with five contracts, followed by Canada and Mexico with one contract each.
Contracts by scope of work in North America’s downstream segment during July 2022
During the month, the majority of downstream segment contracts awarded in the North America were in the 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.