Over the last twelve months (LTM), the number of Global Oil & Gas contracts recorded a decrease of 49.1%, reaching 393 contracts in December 2022.
In December 2022, the Oil & Gas contracts awarded decreased by 18.1% over the last month. In the last twelve months, an average of 568 contracts were awarded.
Over the LTM period, the number of Oil & Gas Contracts observed a negative Compound Monthly Growth Rate (CMGR) of 5.5%. During the same period, December 2021 recorded the most number of Oil and Gas contracts awarded, with 772 contracts. While December 2022 recorded the least number of Oil and Gas contracts awarded, with 393 contracts.
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