The upstream segment contracts in Africa remained flat in April 2022, when compared with the previous month’s total of 17 contracts, according to GlobalData’s oil and gas contracts database.

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A total of 17 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 17 contracts in April 2022, followed by midstream and petrochemicals segments with three and one contract, respectively.


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

In April 2022, Egypt led the activity with three contracts and an 18% share of the upstream oil and gas contracts in Africa. It saw an increase of 50% over the previous month’s total of two contracts and an increase of 50% when compared with the last 12 month-average of two contracts in Egypt.

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In second place was Uganda with two contracts and a 12% share, followed by Angola with one contract and a 6% share.

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

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

During the month, the majority of upstream segment contracts awarded in the Africa were in the operations & maintenance with 12 contracts, followed by design & engineering and installation with four and two 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.