The downstream segment contracts in North America registered an increase of 100% with four contracts in September 2022, when compared with the previous month’s total of two contracts, according to GlobalData ’s oil and gas contracts database.

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


In terms of the number of contracts in North America, the upstream segment contributed the most with 114 contracts in September 2022, followed by midstream and downstream segments with 14 and four contracts, respectively.


Contract award activity in North America’s downstream segment during September 2022

In September 2022, the US led the activity with three contracts and a 75% share of the downstream oil and gas contracts in North America. It saw an increase of 50% over the previous month’s total of two contracts and a decrease of 25% when compared with the last 12 month-average of four contracts in the US.

In second place was Mexico with one contract and a 25% share.

Based on 12-month moving average of the contracts in the downstream segment of North America, the US took the top spot with four contracts, followed by Canada and Mexico with one contract each.

Contracts by scope of work in North America’s downstream segment during September 2022

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

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.