Contracts in the LNG segment registered an increase in activity by 60% in September 2022 with a total of eight contracts, when compared with the previous month’s total of five contracts, according to GlobalData’s oil and gas contracts database.
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A total of eight 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 six contracts, representing 60% of the total 10 LNG contracts, followed by four contracts in the LNG regasification sub-segment.
LNG segment contracts by region in September 2022
Europe took the top position with three contracts and a 38% share of the total LNG contracts globally in September 2022, followed by Africa and North America with two (25%) contracts each.
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By GlobalDataContracts by scope of work in LNG segment in September 2022
During the month, the majority of contracts in the LNG segment were awarded in the design & engineering with five contracts, followed by operations & maintenance and procurement with three and two 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.
