Over the last twelve months (LTM), the number of Oil & Gas contracts in the Upstream sector of Brazil recorded a decrease of 47.4%, reaching 10 contracts in December 2022.
In December 2022, the Oil & Gas contracts awarded increased by 42.9% over the last month. In the last twelve months, an average of 9 contracts were awarded.
Over the LTM period, the number of Oil & Gas Contracts in the Upstream sector observed a negative Compound Monthly Growth Rate (CMGR) of 5.2%. During the same period, December 2021 recorded the most number of Oil and Gas contracts awarded in the Upstream sector, with 19 contracts. While March 2022 recorded the least number of Oil and Gas contracts awarded in the Upstream sector, with 4 contracts.
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