Contracts in the midstream oil and gas segment registered an increase of 63% with a total of 104 contracts in March 2022, when compared with 64 contracts in the previous month, according to GlobalData’s oil and gas contracts database.
Go deeper with GlobalData
The activity marked an increase of 21%, when compared with the last 12-month average of 86 contracts.
See Also:
Midstream oil and gas contracts in March 2022
By comparing contracts related to the midstream segment in different regions of the globe, Asia-Pacific held the top position with 58 contracts and a 56% share in March 2022, followed by Europe and North America with 19 (18%) and 17 (16%) contracts, respectively.
Contracts by scope of work in midstream segment in March 2022
During the month, the majority of contracts in the midstream segment were awarded in the procurement with 58 contracts, followed by design & engineering and construction with 31 and 22 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.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataMore in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s oil and gas database.
