Oil and Gas Contracts Analysis Q1 2025
Completed · Last reported May 2025
Source: Offshore Technology
The report highlights a quarter-on-quarter decrease in total disclosed value of global oil and gas contracts, with significant contracts from companies like Maire, Sinopec, and L&T cushioning the downturn. The upstream sector reported 1,038 contracts in Q1 2025, with a total value of $33.33 billion, down from $39.43 billion in Q4 2024.
- Status
- Closed
- Sector
- Oil and Gas
- Updated
- 22 Jul 2026
- Source
- Offshore Technology
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Participants
| Not available for this record. |
Status
Original status | Completed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
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| Not available for this record. |
Description
Description | The report highlights a quarter-on-quarter decrease in total disclosed value of global oil and gas contracts, with significant contracts from companies like Maire, Sinopec, and L&T cushioning the downturn. The upstream sector reported 1,038 contracts in Q1 2025, with a total value of $33.33 billion, down from $39.43 billion in Q4 2024. |
Original sector | Energy |
Budget |
Location
| Not available for this record. |
Source
Source | Offshore Technology |
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More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-05-17 |
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