The petrochemicals segment contracts in Europe registered an increase of 200% with six contracts in August 2022, when compared with the previous month’s total of two contracts, according to GlobalData’s oil and gas contracts database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

A total of six contracts were registered in the petrochemicals segment of Europe during the month, when compared with the last 12-month moving average of five contracts.


In terms of the number of contracts in Europe, the upstream segment contributed the most with 140 contracts in August 2022, followed by midstream and petrochemicals segments with 16 and six contracts, respectively.

See Also:


Contract award activity in Europe’s petrochemicals segment during August 2022

In August 2022, Belgium led the activity with two contracts and a 33% share of the petrochemicals oil and gas contracts in Europe, followed by Hungary and Italy with one contract 17% share 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.

Based on 12-month moving average of the contracts in the petrochemicals segment of Europe, Belgium, Norway and Russia took the top spot with one contract each.

Contracts by scope of work in Europe’s petrochemicals segment during August 2022

During the month, the majority of petrochemicals segment contracts awarded in the Europe were in the design & engineering with four contracts, followed by procurement and construction with two and one contract, respectively.

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.