Oil and gas contracts in Middle East remained flat in February 2022 with 34 contracts, when compared with contracts in the previous month, according to GlobalData’s oil and gas contracts database.

The activity marked a decrease of 23%, when compared with the last 12-month average of 44 contracts.

Contract award activity in Middle East during February 2022

Looking at contracts by country, Saudi Arabia led the activity in February 2022 with eight contracts representing a 24% share of all the oil and gas contracts, followed by Turkey and Qatar with five contracts and a 15% share each. It saw a decrease of 38% over the previous month’s total of 13 contracts and a decrease of 11% when compared with the last 12 month-average nine contracts in Saudi Arabia.

Based on 12-month moving average, Saudi Arabia took the top spot with nine contracts, followed by Qatar and the UAE with seven contracts each.

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.

Middle East’s oil and gas contracts by segment in February 2022

Looking at oil and gas contracts by segment in Middle East, upstream segment contributed the most in terms of the contracts awarded, with 25 contracts in February 2022, followed by midstream with five contracts.

Contracts by scope of work in Middle East during February 2022

During February 2022, the majority of the contracts awarded were in the operations & maintenance space with 21 contracts, followed by design & engineering and procurement with 11 and nine contracts, respectively.


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.