The midstream segment contracts in Africa remained flat in October 2022, when compared with the previous month’s total of two contracts, according to GlobalData’s oil and gas contracts database.
A total of two contracts were registered in the midstream segment of Africa during the month, when compared with the last 12-month moving average of three contracts.
In terms of the number of contracts in Africa, the upstream segment contributed the most with nine contracts in October 2022, followed by midstream and downstream segments with two and one contract, respectively.
Contract award activity in Africa’s midstream segment during October 2022
In October 2022, Algeria led the activity with one contract and a 50% 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, Nigeria held with one contract.
Contracts by scope of work in Africa’s midstream segment during October 2022
During the month, the majority of midstream segment contracts awarded in the Africa were in the construction with two contracts, followed by design & engineering and procurement with one contract each.
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.