Global Oil and Gas Contract Values Drop in Q3 2024

Global oil and gas contract value declines in 3Q24 The global oil and gas contract activity saw a 35% quarter-on-quarter decrease in total disclosed value from US$55.3 billion in 2Q24 to US$35.7 billion in 3Q24. Despite this, steady contract volumes, particularly in the Middle East, were driven by substantial projects such as Saipem’s US$4 billion […]