The midstream segment contracts in South America registered a decrease of 75% with one contract in November 2022, when compared with the previous month’s total of four 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 three contracts.


In terms of the number of contracts in South America, the upstream segment contributed the most with 22 contracts in November 2022, followed by downstream and midstream segments with one contract each.


Contract award activity in South America’s midstream segment during November 2022

In November 2022, Brazil held one contract and a 100% share of the midstream oil and gas contracts in South America. It saw a flat growth over the previous month’s total of one contract and a flat growth when compared with the last 12 month-average of one contract in Brazil.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Based on 12-month moving average of the contracts in the midstream segment of South America, Argentina and Brazil took the top spot with one contract each.

Contracts by scope of work in South America’s midstream segment during November 2022

During the month, the majority of midstream segment contracts awarded in the South America were in the operations & maintenance with one contract.

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.