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Global oil and gas contract value hits US$187.48 bn in 2023

Major drop in contract volumes registered

Colin Sandell-Hay

Oil & gas contract numbers fell in 2023.

Oil & gas contract numbers fell in 2023.

The oil and gas industry saw a significant decline of 22% in disclosed contract volume from 7,550 contracts in 2022 to 5,915 in 2023 as costs remained high, according to data and analytics company GlobalData....

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