The midstream segment contracts in Africa remained flat in August 2022, when compared with the previous month’s total of one contract, according to GlobalData’s oil and gas contracts database.
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A total of one contract were registered in the midstream segment of Africa during the month, when compared with the last 12-month moving average of four contracts.
In terms of the number of contracts in Africa, the upstream segment contributed the most with 17 contracts in August 2022, followed by downstream and midstream segments with one contract each.
Contract award activity in Africa’s midstream segment during August 2022
In August 2022, Angola held one contract and a 100% share of the midstream oil and gas contracts in Africa.
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By GlobalDataBased on 12-month moving average of the contracts in the midstream segment of Africa, Nigeria held with one contract.
Contracts by scope of work in Africa’s midstream segment during August 2022
During the month, the majority of midstream segment contracts awarded in the Africa were in the construction and design & engineering with one contract each, followed by installation with one contract.
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.
