Oil and gas contracts in North America registered an increase of 4% in Q2 2021 with 280 contracts, when compared with 270 contracts in the previous quarter, according to GlobalData’s oil and gas contracts database.

The activity marked an increase of 7%, when compared with the last four-quarter average of 261 contracts.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

 

Contract award activity in North America during Q2 2021

Looking at contracts by country, the US led the activity in Q2 2021 with 235 contracts and an 84% share of all the oil and gas contracts in the region, followed by Canada with 29 contracts and a 10% share and Mexico with seven contracts and a 3% share. It saw a flat growth over the previous quarter’s 236 contracts and an increase of 7% when compared with the last four-quarter-average of 220 contracts in the US.

Based on five-quarter moving average, the US took the top spot with 223 contracts, followed by Canada and Mexico with 21 and 12 contracts, respectively.

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.
 

North America’s oil and gas contracts by segment in Q2 2021

Looking at oil and gas contracts by segment in North America, upstream segment contributed the most in terms of the contracts awarded, with 169 contracts in Q2 2021, followed by midstream and downstream with 74 and 20 contracts, respectively.

Contracts by scope of work in North America during Q2 2021

During that quarter, the majority of the contracts awarded were in the operations & maintenance space with 175 contracts, followed by procurement and design & engineering with 55 and 53 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.