Quarterly Reports
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CAPEX Q2 2015

1

Q2 2015 witnessed a c.67% drop in project awards from Q1 2015 due to multiple Mega Tier 1 project postponements. These projects have been pushed to the latter half of the year, and thus, H2 2015 remains slightly optimistic

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CAPEX Q1 2015

1

Despite the slow progression of projects, 2015 is still expecting to see the award of multiple Mega Tier 1 projects

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CAPEX Q4 2014

1

Low oil prices lowers expectations for 2015

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