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December 14, 2021

Contract activities in petrochemicals segment in North America up 100% in November 2021

By Carmen

The petrochemicals segment contracts in North America registered an increase of 100% with two contracts in November 2021, when compared with the previous month’s total of one contract, according to GlobalData’s oil and gas contracts database.

A total of two contracts were registered in the petrochemicals segment of North America during the month, remained flat when compared with the last 12-month average contracts.



Contract award activity in North America’s petrochemicals segment during November 2021

In November 2021, Canada and the US led the activity with one contract and a 50% share each of the petrochemicals oil and gas contracts in North America.

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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 November 2021

During the month, the majority of petrochemicals segment contracts awarded in the North America were in the design & engineering with two contracts, followed by 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.

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