Oil and gas contracts in Africa registered a decrease of 25% in Q4 2021 with 63 contracts, when compared with 84 contracts in the previous quarter, according to GlobalData’s oil and gas contracts database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The activity marked a decrease of 25%, when compared with the last four-quarter average of 84 contracts.


Contract award activity in Africa during Q4 2021

Looking at contracts by country, Egypt led the activity in Q4 2021 with nine contracts and a 14% share of all the oil and gas contracts in the region, followed by Angola with seven contracts and an 11% share and Nigeria with six contracts and a 10% share. It saw a decrease of 47% over the previous quarter’s 17 contracts and a decrease of 40% when compared with the last four-quarter-average of 15 contracts in Egypt.

Based on five-quarter moving average, Egypt took the top spot with 14 contracts, followed by Angola and Nigeria with 12 and 11 contracts, respectively.

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.

Africa’s oil and gas contracts by segment in Q4 2021

Looking at oil and gas contracts by segment in Africa, upstream segment contributed the most in terms of the contracts awarded, with 51 contracts in Q4 2021, followed by midstream and petrochemicals with five and three contracts, respectively.

Contracts by scope of work in Africa during Q4 2021

During that quarter, the majority of the contracts awarded were in the operations & maintenance space with 34 contracts, followed by design & engineering and procurement with 19 and 14 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.