The petrochemicals segment contracts in North America registered a decrease of 75% with one contract in April 2022, when compared with the previous month’s total of four contracts, according to GlobalData’s oil and gas contracts database.

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



Contract award activity in North America’s petrochemicals segment during April 2022

In April 2022, Canada held one contract and a 100% share of the petrochemicals oil and gas contracts in North America. 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 Canada.

Based on 12-month moving average of the contracts in the petrochemicals segment of North America, the US held with two contracts.

Contracts by scope of work in North America’s petrochemicals segment during April 2022

During the month, the majority of petrochemicals segment contracts awarded in the North America were in the operations & maintenance 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.