The midstream segment contracts in South America registered a decrease of 83% with one contract in June 2022, when compared with the previous month’s total of six contracts, according to GlobalData’s oil and gas contracts database.
A total of one contract were registered in the midstream segment of South America during the month, when compared with the last 12-month moving average of two contracts.
In terms of the number of contracts in South America, the upstream segment contributed the most with 18 contracts in June 2022, followed by downstream and midstream segments with one contract each.
Contract award activity in South America’s midstream segment during June 2022
In June 2022, Peru held one contract and a 100% share of the midstream oil and gas contracts in South America.
Based on 12-month moving average of the contracts in the midstream segment of South America, Brazil held with one contract.
Contracts by scope of work in South America’s midstream segment during June 2022
During the month, the majority of midstream segment contracts awarded in the South America were in the design & engineering with one contract.
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.