Oil and gas contract value momentum increases in Q2 2024
Global oil and gas contract activity boosted with Petrobras’ key upstream contracts. The industry witnessed a significant 47% increase in total disclosed value, rising from $37.3bn in Q1 2024 to $54.91bn in Q2 2024. However, the number of contracts saw a decline of 7%, from 1,473 in Q1 2024 to 1,377 in Q2 2024. Some…