The petrochemicals segment contracts in Africa registered an increase of 100% with two contracts in December 2021, when compared with the previous month’s total of one contract, according to GlobalData’s oil and gas contracts database.
A total of two contracts were registered in the petrochemicals segment of Africa during the month, remained flat when compared with the last 12-month average contracts.
In terms of the number of contracts in Africa, the upstream segment contributed the most with 16 contracts in December 2021, followed by midstream and petrochemicals segments with two contracts each.
Contract award activity in Africa’s petrochemicals segment during December 2021
In December 2021, Egypt held two contracts and a 100% share of the petrochemicals oil and gas contracts in Africa. It saw an increase of 200% over the previous month’s no contracts and an increase of 100% when compared with the last 12 month-average of one contract in Egypt.
Based on 12-month moving average of the contracts in the petrochemicals segment of Africa, Egypt held with one contract.
Contracts by scope of work in Africa’s petrochemicals segment during December 2021
During the month, the majority of petrochemicals segment contracts awarded in the Africa were in the operations & maintenance with two contracts.
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.