Annual Global Oil & Gas Industry Contracts Review Report 2025-2026: Saipem-COOEC, Petrofac, Sinopec, and Marie Led Charge Despite Contract Dips
Dublin, May 06, 2026 (GLOBE NEWSWIRE) -- The "Annual Global Oil & Gas Industry Contracts Review 2025 - Saipem-COOEC, Petrofac, Sinopec, and Marie Led Charge Despite Contract Dips" report has been added to ResearchAndMarkets.com's offering.
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 $139.8 billion in 2025.
The stability despite dips is supported by strong contributions from high-value contracts secured by reputed contractors such as Saipem, COOEC, and L&T in the upstream sector; Cimolai, Corinth Pipeworks, Mannesmann Grossrohr, Europipe, Mannesmann Line Pipe, and Erndtebrucker Eisenwerk's consortium, Wood Group, and QS Energy in the midstream sector, and Maire's Tecnimont, Nextchem and KT-Kinetics Technology and Sinopec Engineering in the downstream/petrochemical sector.
Report Scope
Reasons to Buy
Key Topics Covered:
Oil and Gas Contracts
Global Oil & Gas Contracts and Contract Value ($B), 2021 -2025
Upstream Sector Review
Top Global Contractors and Issuers for Upstream by Region, 2025
Top Global Contractors and Issuers for Midstream by Region, 2025
Top Global Contractors and Issuers for Downstream/Petrochemical by Region, 2025
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