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April 13, 2022

Contract activities in petrochemicals segment in Africa up in March 2022

By Carmen

The petrochemicals segment contracts in Africa registered an increase with one contract in March 2022, when compared with no contracts in the previous month, according to GlobalData’s oil and gas contracts database.

A total of one contract were registered in the petrochemicals segment of Africa during the month, when compared with the last 12-month moving average of two contracts.



Contract award activity in Africa’s petrochemicals segment during March 2022

In March 2022, Egypt held one contract and a 100% share of the petrochemicals oil and gas contracts in Africa. It saw an increase of 100% over the previous month’s no contracts and a flat growth 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 March 2022

During the month, the majority of petrochemicals segment contracts awarded in the Africa were in the design & engineering 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.

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