The global oil and gas industry’s total contract value reached US$42 billion in 2Q19, a massive 79% increase on 1Q19’s value of US$23.4 billion according to GlobalData, the data and analytics company. Pritam Kad, Oil & Gas Analyst at GlobalData, said, “This rise occurred despite there being a slight decline in the number of contracts … Continue reading Bechtel and CCS JV led surge in global oil and gas contracts value to US$42bn in 2Q19, says GlobalData