The midstream segment contracts in Africa registered a decrease of 46% with seven contracts in Q2 2022, when compared with the previous quarter’s total of 13 contracts, according to GlobalData’s oil and gas contracts database.
A total of seven contracts were registered in the midstream segment of Africa during the quarter, when compared with the last four-quarter moving average of 14 contracts.
In terms of the number of contracts in Africa, the upstream segment contributed the most with 44 contracts in Q2 2022, followed by midstream and downstream segments with seven and six contracts, respectively.
Contract award activity in Africa’s midstream segment during Q2 2022
Looking at the total oil and gas contracts by country in the midstream segment of Africa, Nigeria and Morocco led the activity in Q2 2022 with two contracts and a 29% share each. It saw an increase of 100% over the previous quarter’s total of one contract and a decrease of 50% when compared with the last four-quarter-average of four contracts in Nigeria, followed by Mozambique with one contract and a 14% share, followed by Mozambique with one contract and a 14% share.
Based on five-quarter moving average of the contracts in the midstream segment of Africa, Nigeria took the top spot with three contracts, followed by Algeria and Benin with one contract each.
Contracts by scope of work in Africa’s midstream segment during Q2 2022
During the quarter, the majority of midstream segment contracts awarded in the Africa were in the design & engineering with four contracts, followed by operations & maintenance and construction with three contracts 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.