Over the last twelve months (LTM), the number of Oil & Gas contracts in the Upstream sector of Malaysia recorded a decrease of 16.7%, reaching 5 contracts in December 2022.
In December 2022, the Oil & Gas contracts awarded decreased by 16.7% over the last month. In the last twelve months, an average of 7 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 1.5%. During the same period, October 2022 recorded the most number of Oil and Gas contracts awarded in the Upstream sector, with 12 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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