Annual Global Oil & Gas Industry Contracts Review 2024 - Saipem, HD Hyundai and Samsung led contract value momentum

Annual Global Oil & Gas Industry Contracts Review 2024 - Saipem, HD Hyundai and Samsung led contract value momentum

Summary

Global oil and gas contracts activity reported a marginal decrease of 8% in the number of contracts from 6,664 in 2023 to 6,161 in 2024. Despite the decline in the number of contracts, the total disclosed contract value remained at par with $186.2 billion in 2024, as compared to $196.2 billion reported in 2023. This resilience is credited to the significant high value contracts contributions from renowned contractors such as Saipem, Seatrium, GS Engineering & Construction, Samsung and Nesma and Partners Consortium, JGC Holdings; National Marine Dredging Co; Technip Energies, Bechtel Energy, Tecnicas Reunidas and Sinopec Engineering

Scope

• Analyze oil and gas contracts in the global arena
• Review of contracts in the upstream sector - exploration and production, midstream sector - pipeline, transportation, storage and processing, and in the downstream refining and marketing, and petrochemical sector.
• Information on the top awarded contracts by sector that took place in the oil and gas industry
• Geographies covered include - North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa
• Summary of top contractors in the oil and gas industry over the past 12 months subdivided by the sectors
• Summary of top issuers in the oil and gas industry over the past 12 months subdivided by the sectors

• 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,
• 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