GlobalData Reports Decline in Contract Volume for Oil and Gas Sector
Oil, Gas Sector Sees Dip in Contract Volume, GlobalData Reveals The global oil and gas industry experienced a 15 percent quarter on quarter decrease in total contracts, GlobalData noted in a release sent to Rigzone recently. The company outlined in the release that this figure dropped from 1,596 in the third quarter of last year […]
GlobalData Reports Decline in Global Oil and Gas Contract Activity
Global Oil, Gas Contract Activity Sees Decrease, GlobalData Says Global oil and gas contract activity saw a 35 percent quarter on quarter decrease in total disclosed value, from $55.3 billion in the second quarter to $35.7 billion in the third quarter. That’s what GlobalData stated in a release sent to Rigzone recently, adding that, “despite […]
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 […]