The midstream segment contracts in Africa registered an increase of 100% with four contracts in November 2022, when compared with the previous month’s total of two 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 19 contracts in November 2022, followed by midstream and petrochemicals segments with four and two contracts, respectively.
Contract award activity in Africa’s midstream segment during November 2022
In November 2022, Egypt led the activity with two contracts and a 50% share of the midstream oil and gas contracts in Africa. It saw an increase of 200% over the previous month’s no contracts and an increase of 100% when compared with the last 12 month-average of one contract in Egypt, followed by Niger and Nigeria with one contract 25% share each.
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 November 2022
During the month, the majority of midstream segment contracts awarded in the Africa were in the design & engineering with three contracts, followed by procurement and operations & maintenance with two and one contract, respectively.
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.