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October 18, 2021updated 27 Oct 2021 12:22pm

Pipeline oil and gas contracts up 4% in September 2021

By Carmen

Contracts in the pipeline segment in the oil and gas industry registered an increase in activity by 4% in September 2021 with a total of 28 contracts, when compared with the previous month’s total of 27 contracts, according to GlobalData’s oil and gas contracts database.

A total of 28 contracts were recorded in the pipeline sector globally during the month, when compared with the last 12-month moving average of 31 contracts.

 

In September 2021, the majority of contracts in the pipeline segment were in the onshore pipeline sub-segment with 25 contracts and a 76% share. Offshore pipeline sub-segment witnessed eight contracts, during the month.

 

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Oil and gas pipeline contracts by region in September 2021

Europe held the top position with nine contracts and a 32% share during September 2021, followed by Asia-Pacific and Middle East with eight contracts (29%) and four contracts (14%), respectively.

Contracts by scope of work in pipeline segment during September 2021

During the month, the majority of contracts in the pipeline segment were awarded in the design & engineering with 13 contracts, followed by procurement and operations & maintenance with 10 and nine contracts, respectively.

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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