Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
November 12, 2021

Contract activities in upstream segment in Africa down 9% in October 2021

By Carmen

The upstream segment contracts in Africa registered a decrease of 9% with 21 contracts in October 2021, when compared with the previous month’s total of 23 contracts, according to GlobalData’s oil and gas contracts database.

A total of 21 contracts were registered in the upstream segment of Africa during the month, when compared with the last 12-month moving average of 19 contracts.


In terms of the number of contracts in Africa, the upstream segment contributed the most with 21 contracts in October 2021.


Content from our partners
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager
The important role of antifoam agents in oil-gas separation and amine treating

Contract award activity in Africa’s upstream segment during October 2021

In October 2021, Angola led the activity with four contracts and a 19% share of the upstream oil and gas contracts in Africa. It saw an increase of 300% over the previous month’s total of one contract and a flat growth when compared with the last 12 month-average of four contracts in Angola.

In second place was Gabon with two contracts and a 10% share, followed by Kenya with one contract and a 5% share.

Based on 12-month moving average of the contracts in the upstream segment of Africa, Angola took the top spot with four contracts, followed by Egypt and Nigeria with two contracts each.

Contracts by scope of work in Africa’s upstream segment during October 2021

During the month, the majority of upstream segment contracts awarded in the Africa were in the design & engineering and operations & maintenance with 10 contracts each, followed by procurement with three contracts.

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