Bechtel and CCS JV led surge in global oil & gas contracts value to US$42bn in Q2 2019, says GlobalData
Bechtel and CCS JV led surge in global oil & gas contracts value to US$42bn in Q2 2019, says GlobalData
The global oil and gas industry’s total contract value reached US$42bn in Q2 2019, a massive 79% increase on Q1’s value of US$23.4bn according to GlobalData, a leading data and analytics company.
Pritam, Oil & Gas Analyst at GlobalData, says: “This rise occurred despite there being a slight decline in the number of contracts from 1,453 in Q1 to 1,283...