The midstream segment contracts in North America registered a decrease of 57% with 12 contracts in April 2022, when compared with the previous month’s total of 28 contracts, according to GlobalData’s oil and gas contracts database.

A total of 12 contracts were registered in the midstream segment of North America during the month, when compared with the last 12-month moving average of 22 contracts.


In terms of the number of contracts in North America, the upstream segment contributed the most with 79 contracts in April 2022, followed by midstream and renewable refinery segments with 12 and four contracts, respectively.


Contract award activity in North America’s midstream segment during April 2022

In April 2022, Canada and the US led the activity with five contracts and a 42% share each of the midstream oil and gas contracts in North America. It saw an increase of 150% over the previous month’s total of two contracts and an increase of 67% when compared with the last 12 month-average of three contracts in Canada, followed by Bermuda with one contract and an 8% share, followed by Bermuda with one contract and an 8% share.

Based on 12-month moving average of the contracts in the midstream segment of North America, the US took the top spot with 16 contracts, followed by Canada and Bermuda with three and one contract, respectively.

Contracts by scope of work in North America’s midstream segment during April 2022

During the month, the majority of midstream segment contracts awarded in the North America were in the operations & maintenance with five contracts, followed by design & engineering and installation with four 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.