Oil and gas contracts in Europe registered an increase of 16% in December 2021 with 197 contracts, when compared with 170 contracts in the previous month, according to GlobalData’s oil and gas contracts database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The activity marked a decrease of 9%, when compared with the last 12-month average of 216 contracts.


Contract award activity in Europe during December 2021

Looking at contracts by country, the UK led the activity in December 2021 with 78 contracts representing a 40% share of all the oil and gas contracts, followed by Norway with 73 contracts and a 37% share and Russia with 15 contracts and an 8% share. It saw an increase of 24% over the previous month’s total of 63 contracts and an increase of 11% when compared with the last 12 month-average 70 contracts in the UK.

See Also:

Based on 12-month moving average, the UK took the top spot with 71 contracts, followed by Norway and Russia with 64 and 28 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.

Europe’s oil and gas contracts by segment in December 2021

Looking at oil and gas contracts by segment in Europe, upstream segment contributed the most in terms of the contracts awarded, with 162 contracts in December 2021, followed by midstream and downstream with 14 and six contracts, respectively.

Contracts by scope of work in Europe during December 2021

During December 2021, the majority of the contracts awarded were in the operations & maintenance space with 130 contracts, followed by procurement and design & engineering with 41 and 40 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.