Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
January 11, 2022

Midstream oil and gas contracts down 16% in Q4 2021

By Carmen

Contracts in the midstream oil and gas segment registered a decrease of 16% with 196 contracts in Q4 2021, when compared with 233 contracts in the previous quarter, according to GlobalData’s oil and gas contracts database.

The activity marked a decrease of 21%, when compared with the last four-quarter average of 249 contracts.


Midstream oil and gas contracts in Q4 2021

Asia-Pacific led the contracts activity for midstream segment, with 61 contracts and a 31% share in Q4 2021, followed by Europe and North America with 59 (30%) and 52 (27%) contracts, respectively.

Content from our partners
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager
The important role of antifoam agents in oil-gas separation and amine treating

Contracts by scope of work in midstream segment in Q4 2021

During the quarter, the majority of contracts in the midstream segment were awarded in the design & engineering with 67 contracts, followed by procurement and operations & maintenance with 66 and 65 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

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