The upstream segment contracts in Africa registered a decrease of 14% with 44 contracts in Q2 2022, when compared with the previous quarter’s total of 51 contracts, according to GlobalData’s oil and gas contracts database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

A total of 44 contracts were registered in the upstream segment of Africa during the quarter, when compared with the last four-quarter moving average of 58 contracts.


In terms of the number of contracts in Africa, the upstream segment contributed the most with 44 contracts in Q2 2022, followed by midstream and downstream segments with seven and six contracts, respectively.

See Also:


Contract award activity in Africa’s upstream segment during Q2 2022

Looking at the total oil and gas contracts by country in the upstream segment of Africa, Egypt and Mauritania led the activity in Q2 2022 with five contracts and an 11% share each. It saw an increase of 25% over the previous quarter’s total of four contracts and a decrease of 17% when compared with the last four-quarter-average of six contracts in Egypt, followed by Angola with four contracts and a 9% share, followed by Angola with four contracts and a 9% share.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Based on five-quarter moving average of the contracts in the upstream segment of Africa, Angola and Nigeria took the top spot with seven contracts each, followed by Egypt with five contracts.

Contracts by scope of work in Africa’s upstream segment during Q2 2022

During the quarter, the majority of upstream segment contracts awarded in the Africa were in the operations & maintenance with 25 contracts, followed by design & engineering and procurement with 18 and 10 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.