Oil and Gas Contracts Analysis Q1 2025
Sector: Oil and Gas
Source: Offshore Technology
The report highlights a quarter-on-quarter decrease in the total disclosed value of global oil and gas contracts, dropping from $39.43 billion in Q4 2024 to $33.33 billion in Q1 2025. The number of contracts also decreased from 1,548 to 1,505, with significant contracts from companies like Maire, Sinopec, and L&T cushioning the downturn.
- Status
- Closed
- Sector
- Oil and Gas
- Updated
- 22 Jul 2026
- Source
- Offshore Technology
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| 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 the total disclosed value of global oil and gas contracts, dropping from $39.43 billion in Q4 2024 to $33.33 billion in Q1 2025. The number of contracts also decreased from 1,548 to 1,505, with significant contracts from companies like Maire, Sinopec, and L&T cushioning the downturn. |
Original sector | Energy |
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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 | 2025-05-18 |
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