The midstream segment contracts in Africa registered an increase of 200% with six contracts in August 2021, when compared with the previous month’s total of two contracts, according to GlobalData’s oil and gas contracts database.
A total of six contracts were registered in the midstream segment of Africa during the month, when compared with the last 12-month moving average of five contracts.
In terms of the number of contracts in Africa, the upstream segment contributed the most with 19 contracts in August 2021, followed by midstream and downstream segments with six and four contracts, respectively.
Contract award activity in Africa’s midstream segment during August 2021
In August 2021, Kenya led the activity with two contracts and a 33% share of the midstream oil and gas contracts in Africa.
Based on 12-month moving average of the contracts in the midstream segment of Africa, Algeria, Egypt and Mozambique took the top spot with one contract each.
Contracts by scope of work in Africa’s midstream segment during August 2021
During the month, the majority of midstream segment contracts awarded in the Africa were in the operations & maintenance with three contracts, followed by procurement with two contracts.
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.