The petrochemicals segment contracts in Middle East registered an increase with two contracts in April 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 Middle East during the month, when compared with the last 12-month moving average of three contracts.



Contract award activity in Middle East’s petrochemicals segment during April 2022

In April 2022, Qatar and Saudi Arabia led the activity with one contract and a 50% share each of the petrochemicals oil and gas contracts in Middle East.

Based on 12-month moving average of the contracts in the petrochemicals segment of Middle East, Saudi Arabia and the UAE took the top spot with one contract each.

Contracts by scope of work in Middle East’s petrochemicals segment during April 2022

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

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.