The midstream segment contracts in Africa registered an increase of 33% with four contracts in May 2022, when compared with the previous month’s total of three contracts, according to GlobalData’s oil and gas contracts database.

A total of four contracts were registered in the midstream segment of Africa during the month, remained flat when compared with the last 12-month average contracts.


In terms of the number of contracts in Africa, the upstream segment contributed the most with 12 contracts in May 2022, followed by midstream and petrochemicals segments with four and one contract, respectively.


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

In May 2022, Nigeria, Senegal and Tanzania led the activity with one contract and a 25% share each of the midstream oil and gas contracts in Africa. It saw a flat growth over the previous month’s total of one contract and a flat growth when compared with the last 12 month-average of one contract in Nigeria.

Based 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 May 2022

During the month, the majority of midstream segment contracts awarded in the Africa were in the construction and design & engineering with two contracts each, followed by operations & maintenance with two contracts.

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.