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September 15, 2022

Contract activities in petrochemicals segment in South America up in August 2022

By Carmen

The petrochemicals segment contracts in South America registered an increase with one contract in August 2022, when compared with no contracts in the previous month, according to GlobalData’s oil and gas contracts database.

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


In terms of the number of contracts in South America, the upstream segment contributed the most with 18 contracts in August 2022, followed by midstream and petrochemicals segments with three and one contract, respectively.


Contract award activity in South America’s petrochemicals segment during August 2022

In August 2022, Brazil held one contract and a 100% share of the petrochemicals oil and gas contracts in South America.

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

During the month, the majority of petrochemicals segment contracts awarded in the South America were in the design & engineering 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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