Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
November 12, 2021

Contract activities in midstream segment in Middle East up 60% in October 2021

By Carmen

The midstream segment contracts in Middle East registered an increase of 60% with eight contracts in October 2021, when compared with the previous month’s total of five contracts, according to GlobalData’s oil and gas contracts database.

A total of eight contracts were registered in the midstream segment of Middle East during the month, when compared with the last 12-month moving average of six contracts.


In terms of the number of contracts in Middle East, the upstream segment contributed the most with 24 contracts in October 2021, followed by downstream and midstream segments with nine and eight contracts, respectively.


Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future

Contract award activity in Middle East’s midstream segment during October 2021

In October 2021, Turkey and the UAE led the activity with two contracts and a 25% share each of the midstream oil and gas contracts in Middle East, followed by Bahrain with one contract and a 13% share, followed by Bahrain with one contract and a 13% share.

Based on 12-month moving average of the contracts in the midstream segment of Middle East, Kuwait, Oman and Qatar took the top spot with one contract each.

Contracts by scope of work in Middle East’s midstream segment during October 2021

During the month, the majority of midstream segment contracts awarded in the Middle East were in the construction with four contracts, followed by design & engineering and installation with three and two contracts, respectively.

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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU