The petrochemicals segment contracts in Africa remained flat in May 2022, when compared with the previous month’s total of one contract, 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, 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 12 contracts in May 2022, followed by midstream and petrochemicals segments with four and one contract, respectively.


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

In May 2022, Algeria held one contract and a 100% share of the petrochemicals oil and gas contracts in Africa.

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 May 2022

During the month, the majority of petrochemicals segment contracts awarded in the Africa were in the construction 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.