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GlobalData Reports Decline in Contract Volume for Oil and Gas Sector

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 […]

Oil and Gas Contract Value Stays Strong Despite Volume Decrease in Q4 2024

Oil and Gas Contract Value Stays Strong Despite Volume Decrease in Q4 2024

Oil and gas contract value remains robust despite volume decline in Q4 2024 Global oil and gas contract activity experienced a 15% quarter-on-quarter decrease in the total number of contracts, from 1,596 in the third quarter (Q3) of 2024 to 1,353 in Q4 2024. Despite this dip in volume, the overall contract value saw strong […]

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