Contracts in the pipeline segment in the oil and gas industry registered an increase in activity by 3% in September 2022 with a total of 30 contracts, when compared with the previous month’s total of 29 contracts, according to GlobalData’s oil and gas contracts database.

A total of 30 contracts were recorded in the pipeline sector globally during the month, when compared with the last 12-month moving average of 36 contracts.


In September 2022, the majority of contracts in the pipeline segment were in the onshore pipeline sub-segment with 25 contracts and a 74% share. Offshore pipeline sub-segment witnessed nine contracts, during the month.


Oil and gas pipeline contracts by region in September 2022

Asia-Pacific held the top position with 10 contracts and a 33% share during September 2022, followed by North America and Europe with nine contracts (30%) and six contracts (20%), respectively.

Contracts by scope of work in pipeline segment during September 2022

During the month, the majority of contracts in the pipeline segment were awarded in the procurement with 14 contracts, followed by operations & maintenance and construction with 10 and seven 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.