The upstream segment contracts in Asia-Pacific registered an increase of 2% with 64 contracts in July 2022, when compared with the previous month’s total of 63 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 64 contracts were registered in the upstream segment of Asia-Pacific during the month, remained flat when compared with the last 12-month average contracts.


In terms of the number of contracts in Asia-Pacific, the upstream segment contributed the most with 64 contracts in July 2022, followed by downstream and petrochemicals segments with 42 and 25 contracts, respectively.

See Also:


Contract award activity in Asia-Pacific’s upstream segment during July 2022

In July 2022, China led the activity with 28 contracts and a 44% share of the upstream oil and gas contracts in Asia-Pacific. It saw an increase of 8% over the previous month’s total of 26 contracts and an increase of 8% when compared with the last 12 month-average of 26 contracts in China.

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.

In second place was Australia with 12 contracts and a 19% share, followed by India with five contracts and an 8% share.

Based on 12-month moving average of the contracts in the upstream segment of Asia-Pacific, China took the top spot with 27 contracts, followed by Australia and Malaysia with 11 and seven contracts, respectively.

Contracts by scope of work in Asia-Pacific’s upstream segment during July 2022

During the month, the majority of upstream segment contracts awarded in the Asia-Pacific were in the procurement with 31 contracts, followed by operations & maintenance and design & engineering with 21 and 14 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.