View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
October 18, 2021updated 27 Oct 2021 12:38pm

Contracts in LNG segment down 10% in September 2021

By Carmen

Contracts in the LNG segment registered a decrease in activity by 10% in September 2021 with a total of nine contracts, when compared with the previous month’s total of 10 contracts, according to GlobalData’s oil and gas contracts database.

A total of nine contracts were registered in the LNG liquefaction and regasification segment globally during the month, when compared with the last 12-month moving average of 15 contracts.

 

LNG Liquefication sub-segment reported five contracts, representing 56% of the total nine LNG contracts, followed by four contracts in the LNG regasification sub-segment.

 

 

LNG segment contracts by region in September 2021

Europe took the top position with four contracts and a 44% share of the total LNG contracts globally in September 2021, followed by Asia-Pacific and Africa with three (33%) and one (11%) contracts, respectively.

Contracts by scope of work in LNG segment in September 2021

During the month, the majority of contracts in the LNG segment were awarded in the design & engineering with six contracts, followed by procurement and construction with four 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.

Related Companies

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology