Annual Global Oil & Gas Industry Contracts Review 2025 - Saipem-COOEC, Petrofac, Sinopec, and Marie Led Charge Despite Contract Dips

Global oil and gas contracts activity reported a decrease of 12% in the number of contracts from 6,993 in 2024 to 6,188 in 2025. The total disclosed contract value also decreased, from $193.5 billion in 2024 to $139.8 billion in 2025. The stability despite dips is supported by strong contributions from high-value contracts secured by reputed contractors such as Saipem, COOEC, and L&T in the upstream sector; Cimolai, Corinth Pipeworks, Mannesmann Grossrohr, Europipe, Mannesmann Line Pipe, and Erndtebrucker Eisenwerk's consortium, Wood Group, and QS Energy in the midstream sector, and Maire's Tecnimont, Nextchem and KT-Kinetics Technology and Sinopec Engineering in the downstream/petrochemical sector.

Scope

• Analyze oil and gas contracts in the global arena
• Review of contracts in the upstream sector - exploration and production, midstream sector - pipeline, transportation, storage and processing, and in the downstream refining and marketing, and petrochemical sector.
• Information on the top awarded contracts by sector that took place in the oil and gas industry
• Geographies covered include - North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa
• Summary of top contractors in the oil and gas industry over the past 12 months subdivided by the sectors
• Summary of top issuers in the oil and gas industry over the past 12 months subdivided by the sectors

Reasons to Buy

• Enhance your decision making capability in a more rapid and time sensitive manner,
• Find out the major contracts focused sectors for investments in your industry,
• Understand the contracts activity in the oil and gas industry
• Evaluate the type of services offered by key contractors,
• Identify growth sectors and regions wherein contracts opportunities are more lucrative,
• Look for key contractors/issuers if you are looking to award a contract or interested in contracts activity within the oil and gas industry