Annual Global Oil & Gas Industry Contracts Review Report 2025-2026: Saipem-COOEC, Petrofac, Sinopec, and Marie Led Charge Despite Contract Dips

Despite a 12% decline in oil and gas contracts, opportunities remain strong in high-value upstream, midstream, and downstream sectors. Key players like Saipem and Tecnimont are pivotal across Europe, Asia Pacific, and more, highlighting potential growth regions and sectors for strategic investments.

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 Plc , 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

  • Analyze oil and gas contracts in the global arena
  • Review of contracts in the upstream sector - exploration and production, midstream sector - pipeline, transportation, storage and processing, and in the downstream refining and marketing, and petrochemical sector.
  • Information on the top awarded contracts by sector that took place in the oil and gas industry
  • Geographies covered include - North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa
  • Summary of top contractors in the oil and gas industry over the past 12 months subdivided by the sectors
  • Summary of top issuers in the oil and gas industry over the past 12 months subdivided by the sectors

Reasons to Buy

  • Enhance your decision making capability in a more rapid and time sensitive manner,
  • Find out the major contracts focused sectors for investments in your industry,
  • Understand the contracts activity in the oil and gas industry
  • Evaluate the type of services offered by key contractors,
  • Identify growth sectors and regions wherein contracts opportunities are more lucrative,
  • Look for key contractors/issuers if you are looking to award a contract or interested in contracts activity within the oil and gas industry

Key Topics Covered:

Oil and Gas Contracts

  • Annual Overview 2025
  • Key Highlights

Global Oil & Gas Contracts and Contract Value ($B), 2021 -2025

  • Quarterly Contracts and Contract Value ($B), Q1 2025 -Q4 2025
  • Oil and Gas Contracts by Sector and Region
  • Oil and Gas Contracts by Scope
  • Oil and Gas Contracts by Terrain
  • Annual Top Contractors & Issuers, 2025

Upstream Sector Review

  • Upstream Contracts Overview, by Scope
  • Notable Upstream Awarded Contracts

Top Global Contractors and Issuers for Upstream by Region, 2025

  • Upstream Sector Key Awarded Contracts
  • Midstream Sector Revie
  • Midstream Contracts Overview, by Scope
  • Notable Midstream Awarded Contracts

Top Global Contractors and Issuers for Midstream by Region, 2025

  • Midstream Sector Key Awarded Contracts
  • Downstream/Petrochemical Sector Review
  • Downstream/Petrochemical Contracts Overview, by Scope
  • Notable Downstream/Petrochemical Awarded Contracts

Top Global Contractors and Issuers for Downstream/Petrochemical by Region, 2025

  • Downstream/Petrochemical Sector Key Awarded Contracts
  • Appendix

For more information about this report visit https://www.researchandmarkets.com/r/eopr4q

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