The petrochemicals segment contracts in Africa registered an increase with two contracts in November 2022, when compared with no contracts in the previous month, 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, when compared with the last 12-month moving average of one contract.
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In terms of the number of contracts in Africa, the upstream segment contributed the most with 19 contracts in November 2022, followed by midstream and petrochemicals segments with four and two contracts, respectively.
Contract award activity in Africa’s petrochemicals segment during November 2022
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By GlobalDataIn November 2022, Nigeria led the activity with one contract and a 50% share of the petrochemicals oil and gas contracts in Africa.
Contracts by scope of work in Africa’s petrochemicals segment during November 2022
During the month, the majority of petrochemicals segment contracts awarded in the Africa were in the operations & maintenance with two contracts, followed by 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.
