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Global oil and gas contract value falls significantly un Q3 2024

Decline comes despite steady volume of work in the quarter

Colin Sandell-Hay
Saipem was the major contract winner during the quarter.

Saipem was the major contract winner during the quarter. | Credits: Saipem

Global oil and gas contract activity saw a 35% quarter-on-quarter decrease in total disclosed value from US$55.3 billion in Q2 2024 to US$35.7 billion in Q3 2024, according to new analytics data. The...

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