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  1. Market Data
February 11, 2022

Contract activities in midstream segment in Africa down 50% in January 2022

By Carmen

The midstream segment contracts in Africa registered a decrease of 50% with three contracts in January 2022, when compared with the previous month’s total of six contracts, according to GlobalData’s oil and gas contracts database.

A total of three 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 10 contracts in January 2022, followed by midstream with three contracts.


Contract award activity in Africa’s midstream segment during January 2022

In January 2022, Liberia, Mozambique and South Africa led the activity with one contract and a 33% share each of the midstream oil and gas contracts in Africa.

Based on 12-month moving average of the contracts in the midstream segment of Africa, Egypt and Nigeria took the top spot with one contract each.

Contracts by scope of work in Africa’s midstream segment during January 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 operations & maintenance 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.

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