Oil and Gas Industry Annual Contracts Analytics by Region, Sector, Planned and Awarded Contracts and Top Contractors

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Oil and Gas Industry Annual Contracts Report Overview

The global oil and gas industry’s annual contracts valuation stood at $183.63 billion in 2022. The oil and gas industry reported 6,668 contracts in 2022. The majority of contracts were recorded during Q1 2022, and on the disclosed value front, Q4 2022 contributed the most during the year.

The oil and gas industry annual contracts research report offers detailed comparative data on the number of contracts and their value during the year, subdivided by region, sector, and geography during the year. Additionally, the report provides information on the top contractors and issuers based on the worth of contracts executed in the oil and gas industry by geography over the year.

Oil and Gas Industry Annual Contracts Segmentation by Sector

The oil and gas industry contracts have been categorized into upstream, downstream/petrochemical, and midstream, terms of sector. The upstream sector reported 4,608 contracts during 2022, followed by the downstream/petrochemical and the midstream sector, with 1,106 and 1,056 contracts, respectively during the year.

Oil and Gas Industry Annual Contracts Analysis by Sector, 2022 (%)

Oil and Gas Industry Annual Contracts Analysis by Sector, 2022 (%)

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Oil and Gas Industry Annual Contracts Segmentation by Region

The key regions analyzed for oil and gas industry annual contracts are Europe, Asia, North America, the Middle East, South America, Africa, and Oceania. Europe recorded the majority of the contracts, with 2,153 contracts in 2022, followed by Asia and North America with 1,814 and 1,581 contracts, respectively during year.

Oil and Gas Industry Annual Contracts Analysis by Region, 2022 (%)

Oil and Gas Industry Annual Contracts Analysis by Region, 2022 (%)

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Oil and Gas Industry Annual Contracts Segmentation by Scope

The key scope areas for oil and gas industry annual contracts are operations & maintenance (O&M), procurement, multiple, design & engineering, construction, installation, and asset retirement. O&M recorded the maximum number of contracts, with 3,349 contracts during 2022, with the majority of contracts being related to rigs, drilling and support vessels charters to support exploration and production activity in the upstream sector.

Oil and Gas Industry Annual Contracts Analysis by Scope, 2022 (%)

Oil and Gas Industry Annual Contracts Analysis by Scope, 2022 (%)

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Oil and Gas Industry Annual Contracts Segmentation by Terrain

The key terrains analyzed for oil and gas industry annual contracts are onshore, offshore, and onshore/offshore. The onshore segment recorded 3,288 contracts in 2022, wherein most of the contracts were for drilling and completion of wells, followed by contracts for plants technology licensing, geophysical services, plant construction services, EPC services and O&M for existing plant/facilities; provision of surface well test equipment and well testing and coiled tubing service; as well as pipeline rerouting and dismantling works, gas dehydration services, well testing and coiled tubing services.

Oil and Gas Industry Annual Contracts Analysis by Terrain, 2022 (%)

Oil and Gas Industry Annual Contracts Analysis by Terrain, 2022 (%)

For more terrain insights on oil and gas industry annual contracts, download a free sample report

Oil and Gas Industry Annual Contracts – Top Contractors and Issuers

Top Contractors: Some of the top contractors of oil and gas industry contracts are ADNOC Drilling; ADNOC Logistics, Saipem, Samsung Heavy Industries, Hyundai Heavy Industries, Keppel Corp, Schlumberger, DSME, Aker Solutions, Haliburton, and China State Shipbuilding among others. ADNOC Drilling; ADNOC Logistics had the highest count of oil and gas industry contracts in 2022.

Oil and Gas Industry Annual Contracts by Contractors, 2022 (%)

Oil and Gas Industry Annual Contracts by Contractors, 2022 (%)

For more insights on major contractors of oil and gas industry contracts, download a free sample report

Top Issuers: Some of the top issuers of oil and gas industry contracts are ADNOC, Petrobras, Aker BP, QatarEnergy, Equinor, Ameer Group, TotalEnergies, Eni, Saudi Aramco, and Exxon Mobil among others. ADNOC was the largest issuer of oil and gas industry contracts in 2022.

Oil and Gas Industry Annual Contracts by Issuers, 2022 (%)

Oil and Gas Industry Annual Contracts by Issuers, 2022 (%)

For more insights on major issuers of oil and gas industry contracts, download a free sample report

Oil and Gas Industry Annual Contracts Overview

Contracts Value (2022) $183.63 billion
Total Number of Contracts (2022) 6,668
Key Sector Upstream, Downstream/Petrochemical, and Midstream
Key Regions Europe, Asia, North America, the Middle East, South America, Africa, and Oceania
Key Terrain Onshore, Offshore, and Onshore/Offshore
Key Scope Operations & Maintenance (O&M), Procurement, Multiple, Design & Engineering, Construction, Installation, and Asset Retirement
Top Contractors ADNOC Drilling; ADNOC Logistics, Saipem, Samsung Heavy Industries, Hyundai Heavy Industries, Keppel Corp, Schlumberger, DSME, Aker Solutions, Haliburton, and China State Shipbuilding
Top Issuers ADNOC, Petrobras, Aker BP, QatarEnergy, Equinor, Ameer Group, TotalEnergies, Eni, Saudi Aramco, and Exxon Mobil

Key Segments Covered in the Report

Oil and Gas Industry Annual Contracts Sector Outlook (Share, 2022, %)

  • Upstream
  • Downstream/Petrochemical
  • Midstream

Oil and Gas Industry Annual Contracts Region Outlook (Share, 2022, %)

  • Europe
  • Asia
  • North America
  • Middle East
  • South America
  • Africa
  • Oceania

Oil and Gas Industry Annual Contracts Scope Outlook (Share, 2022, %)

  • Operations & Maintenance (O&M)
  • Procurement
  • Multiple
  • Design & Engineering
  • Construction, Installation
  • Asset Retirement

Oil and Gas Industry Annual Contracts Terrain Outlook (Share, 2022, %)

  • Onshore
  • Offshore
  • Onshore/offshore

Reasons to Buy

  • Enhance your decision-making capability in a more rapid and time sensitive manner,
  • Find out the major contracts focused sectors for investments in your industry,
  • Understand the contracts activity in the oil and gas industry
  • Evaluate the type of services offered by key contractors during the month,
  • Identify growth sectors and regions wherein contracts opportunities are more lucrative,
  • Look for key contractors/issuers if you are looking to award a contract or interested in contracts activity within the oil and gas industry

Table of Contents

  • 1 Annual Global Oil & Gas Contracts Overview

    • 1.1 Global Oil and Gas Contracts
    • 1.2 Key Highlights
    • 1.3 Annual Overview
    • 1.4 Quarterly Global Oil and Gas Contracts

  • 2 Upstream Sector Review

    • 2.1 Contracts Scope
    • 2.2 Planned/Rumored Contracts
    • 2.3 Notable Upstream Awarded Contracts
    • 2.4 Awarded Contracts

  • 3 Midstream Sector Review

    • 3.1 Contracts Scope
    • 3.2 Planned/Rumored Contracts
    • 3.3 Notable Midstream Awarded Contracts
    • 3.4 Awarded Contracts

  • 4 Downstream/Petrochemical Sector Review

    • 4.1 Contracts Scope
    • 4.2 Notable Downstream/Petrochemical Awarded Contracts
    • 4.3 Awarded Contracts

  • 5 Appendix

    • 5.1 Abbreviations
    • 5.2 Methodology
    • 5.3 Coverage
    • 5.4 Secondary Research

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