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 $139.8 billion in 2025. The stability despite dips is supported by strong contributions from high-value contracts secured by reputed contractors such as Saipem, COOEC, and L&T in the upstream sector; Cimolai, Corinth Pipeworks, Mannesmann Grossrohr, Europipe, Mannesmann Line Pipe, and Erndtebrücker Eisenwerk’s consortium, Wood Group, and QS Energy in the midstream sector, and Maire’s Tecnimont, Nextchem and KT-Kinetics Technology and Sinopec Engineering in the downstream/petrochemical sector.
Report Scope
- Analyze oil and gas contracts in the global arena
- Review of contracts in the upstream sector - exploration and production, midstream sector - pipeline, transportation, storage and processing, and in the downstream refining and marketing, and petrochemical sector.
- Information on the top awarded contracts by sector that took place in the oil and gas industry
- Geographies covered include - North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa
- Summary of top contractors in the oil and gas industry over the past 12 months subdivided by the sectors
- Summary of top issuers in the oil and gas industry over the past 12 months subdivided by the sectors
Reasons to Buy
- Enhance your decision making capability in a more rapid and time sensitive manner,
- Find out the major contracts focused sectors for investments in your industry,
- Understand the contracts activity in the oil and gas industry
- Evaluate the type of services offered by key contractors,
- Identify growth sectors and regions wherein contracts opportunities are more lucrative,
- Look for key contractors/issuers if you are looking to award a contract or interested in contracts activity within the oil and gas industry
Table of Contents
- Oil and Gas Contracts -Annual Overview 2025
- Key Highlights
- Global Oil & Gas Contracts and Contract Value ($B), 2021 -2025
- Quarterly Contracts and Contract Value ($B), Q1 2025 -Q4 2025
- Oil and Gas Contracts by Sector and Region
- Oil and Gas Contracts by Scope
- Oil and Gas Contracts by Terrain
- Annual Top Contractors & Issuers, 2025
- Upstream Sector Review
- Upstream Contracts Overview, by Scope
- Notable Upstream Awarded Contracts
- Top Global Contractors and Issuers for Upstream by Region, 2025
- Upstream Sector Key Awarded Contracts
- Midstream Sector Revie
- Midstream Contracts Overview, by Scope
- Notable Midstream Awarded Contracts
- Top Global Contractors and Issuers for Midstream by Region, 2025
- Midstream Sector Key Awarded Contracts
- Downstream/Petrochemical Sector Review
- Downstream/Petrochemical Contracts Overview, by Scope
- Notable Downstream/Petrochemical Awarded Contracts
- Top Global Contractors and Issuers for Downstream/Petrochemical by Region, 2025
- Downstream/Petrochemical Sector Key Awarded ContractsAppendix
- Abbreviations
- About the Analyst
- Contact the Publisher
