The petrochemicals segment contracts in North America registered an increase of 50% with three contracts in September 2022, when compared with the previous month’s total of two contracts, according to GlobalData ’s oil and gas contracts database.

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



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

In September 2022, the US held three contracts and a 100% share of the petrochemicals oil and gas contracts in North America. It saw an increase of 50% over the previous month’s total of two contracts and an increase of 50% when compared with the last 12 month-average of two contracts in the US.

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

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

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