View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
October 2, 2021updated 04 Oct 2021 3:13pm

Pipeline oil and gas contracts down 23% in August 2021

By Carmen

Contracts in the pipeline segment in the oil and gas industry registered a decrease in activity by 23% in August 2021 with a total of 27 contracts, when compared with the previous month’s total of 35 contracts, according to GlobalData’s oil and gas contracts database.

A total of 27 contracts were recorded in the pipeline sector globally during the month, when compared with the last 12-month moving average of 34 contracts.

 

In August 2021, the majority of contracts in the pipeline segment were in the onshore pipeline sub-segment with 25 contracts and an 83% share. Offshore pipeline sub-segment witnessed five contracts, during the month.

 

 

Oil and gas pipeline contracts by region in August 2021

North America held the top position with 11 contracts and a 41% share during August 2021, followed by Europe and Africa with eight contracts (30%) and four contracts (15%), respectively.

Contracts by scope of work in pipeline segment during August 2021

During the month, the majority of contracts in the pipeline segment were awarded in the operations & maintenance with 15 contracts, followed by procurement and design & engineering with five contracts 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology