Global Oil and Gas Industry Contracts Annual Review, 2020 - Contracts Activity remains Subdued due to Crude Price Volatility, Capex Reduction and COVID-19
There were contracts primarily for the primarily for the charter of LNG carriers, VLCC, VLGC, Medium Range (MR), shuttle tanker, Suezmax and Aframax carriers; provision of vendor pipeline inspection and pigging services; provision of integrity management, fabric maintenance services, and maintenance services, including on-site inspection, horizontal directional drill, station fabrication, testing and installation, pipeline cut-outs, and NDT services; provision to oversee the turbo-machinery controls and optimization for the Gravity-Based Structure (GBS) platform based LNG trains; provision of maintenance services for gas processing plant; provision of Rights of Way (ROW) reclamation and vegetation control services for pipeline; provision for various anomaly digs on pipelines; provision of Non Destructive Examination (NDE) services for underground pipes at LNG export facility; provision of marine warranty surveyor services including acceptance and admission of vessels, maritime transport, trans-shipment operations, seabed pipelay, and construction of landfall tunnels for supporting the construction export pipelines • Contracts with multiple scopes, such as construction, design and engineering, installation, O&M, and procurement, accounted for ## percent of the ## contracts awarded in the midstream sector in 2020.