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Q1 2019 Oil and Gas Quarterly Oil & Gas Industry Contracts Review – Yinson, TechnipFMC, and McDermott Leads Upstream Award Activity in EMEA Region – ResearchAndMarkets.com

 May 13, 2019 - 5:57 AM EDT

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Q1 2019 Oil and Gas Quarterly Oil & Gas Industry Contracts Review - Yinson, TechnipFMC, and McDermott Leads Upstream Award Activity in EMEA Region - ResearchAndMarkets.com

DUBLIN

The "Quarterly
Oil & Gas Industry Contracts Review - Yinson, TechnipFMC, and McDermott
Leads Upstream Award Activity in EMEA Region"
report has been
added to ResearchAndMarkets.com's offering.

This Quarterly Oil & Gas Industry Contracts Review is an essential
source of data on the awarded contracts in the oil and gas industry. The
report portrays detailed comparative data on the number of contracts and
their value in the month, subdivided by region, sector and geographies
during the quarter. Additionally, the report provides information on the
top contractors and issuers based on the worth of contracts executed in
the oil and gas industry during the quarter by geographies and over the
year.

In Q1 2019, the Oil and Gas industry reported 1242 contracts, of which
1178 were awarded contracts. EMEA recorded the most contracts with 569
contracts, representing around 48% of the total awarded contracts in Q1
2019, followed by Americas region with 366 contracts, accounting for 31%
of the total awarded contracts.

Upstream sector reported 73% of the total awarded contracts, with 862
contracts. The midstream sector recorded 156 contracts, representing 13%
of the total awarded contracts, followed by 141 contracts in the
downstream sector; representing 12% of the awarded contracts during the
quarter.

Operations and maintenance represented 64% of the awarded contracts in
Q1 2019, followed by contracts with multiple scopes, such as
construction, design and engineering, installation, O&M, and
procurement, which accounted for 11%.

One of the high value contracts was National Marine Dredging Company's
US$1.36bn contract from Abu Dhabi National Oil Company (ADNOC) for the
provision of dredging, land reclamation and marine construction of
artificial islands and causeways, as well as to expand existing Al Ghaf
island to drill and produce gas from the first phase development of the
Ghasha Concession comprising Hail, Ghasha, Dalma, Nasr, and Mubarraz
offshore sour gas fields, in Rub al-Khali Basin, Abu Dhabi, UAE.

Other notable contracts during Q1 2019 included Saipem's two contracts
worth US$1.3bn from Saudi Arabian Oil Company (Saudi Aramco) for the
design, Engineering, Procurement, Construction and Installation (EPCI)
services and implementation of subsea systems in addition to the laying
of pipelines, subsea cables and umbilicals, platform decks and jackets
for the development of Berri and Marjan fields in Arabian Gulf, offshore
Saudi Arabia; Petrofac's lump-sum contract worth around US$1bn from
Groupement Isarene for the Engineering, Procurement, Construction and
Commissioning (EPCC), start-up and performance testing for the Ain Tsila
field development project in Algeria; and McDermott International, along
with its joint venture partners Chiyoda International's mega contract in
excess of US$1bn from Golden Pass Products for the EPCC of three
approximately 5.2 million ton per annum (mtpa) Liquefied Natural Gas
(LNG) trains in Sabine Pass, Texas, US.

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 sector - refining and marketing
  • 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
    quarter subdivided by the sector, this include key contractors such as
    McDermott International, TechnipFMC, Yinson Holdings, Samsung Heavy
    Industries, and Saipem
  • Summary of top issuers in the oil and gas industry over the past
    quarter subdivided by the sector, this include key issuers such as
    Saudi Aramco, ADNOC, Sonatrach, BP, and Golden Pass Products.

Key Topics Covered:

1 Table of Contents

1.1 List of Figures

2 Quarterly Overview

3 Sector Highlights

4 Upstream Sector Review

4.1 Contracts

4.2 Planned/Rumored Contracts

4.3 Awarded Contracts

5 Midstream Sector Review

5.1 Contracts

5.2 Planned/Rumored Contracts

5.3 Awarded Contracts

6 Downstream Sector Review

6.1 Contracts

6.2 Planned/Rumored Contracts

6.3 Awarded Contracts

7 Multiple Sector Review

7.1 Awarded Contracts

8 Appendix

List of Figures

  • Contracts Review
  • Annual Top Global Contractors and Issuers by Region, Q2 2018 - Q1 2019
  • Top Global Contractors and Issuers for Upstream by Region, January
    2019-March 2019
  • Top Global Contractors and Issuers for Midstream by Region, January
    2019-March 2019
  • Top Global Contractors and Issuers for Downstream by Region, January
    2019-March 2019
  • Top Global Contractors and Issuers for Multiple Sectors by Region,
    January 2019-March 2019

For more information about this report visit https://www.researchandmarkets.com/r/n7ypzz

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

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Related
Topics: Gas,
Oil
and Gas Exploration and Production

Source: Business Wire
(May 13, 2019 - 5:57 AM EDT)

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