The downstream segment contracts in South America registered an increase with one contract in September 2022, when compared with no contracts in the previous month, according to GlobalData ’s oil and gas contracts database.

A total of one contract were registered in the downstream segment of South America during the month, remained flat when compared with the last 12-month average contracts.


In terms of the number of contracts in South America, the upstream segment contributed the most with 19 contracts in September 2022, followed by midstream and downstream segments with four and one contract, respectively.


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

In September 2022, Brazil held one contract and a 100% share of the downstream oil and gas contracts in South America.

Based on 12-month moving average of the contracts in the downstream segment of South America, Argentina held with one contract.

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

During the month, the majority of downstream segment contracts awarded in the South America were in the operations & maintenance 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.