The petrochemicals segment contracts in South America registered an increase with one contract in Q3 2022, when compared with no contracts in the previous quarter, according to GlobalData’s oil and gas contracts database.
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A total of one contract were registered in the petrochemicals segment of South America during the quarter, when compared with the last four-quarter moving average of 0 contracts.
In terms of the number of contracts in South America, the upstream segment contributed the most with 58 contracts in Q3 2022, followed by midstream and petrochemicals segments with nine and one contract, respectively.
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Contract award activity in South America’s petrochemicals segment during Q3 2022
Looking at the total oil and gas contracts by country in the petrochemicals segment of South America, Brazil held one contract and a 100% share in Q3 2022.
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By GlobalDataContracts by scope of work in South America’s petrochemicals segment during Q3 2022
During the quarter, 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.
