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CAPEX Q3 2017

Improvement in oil prices this quarter has supported an increase in M&A activity and higher project spends. Additionally, there has been a shift in focus towards alternative energies and this trend is expected to continue in the future, leading the region towards adopting a more balanced approach between conventional and alternative energies

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CAPEX Q2 2017

Similar to H1 2017, the second half of the year is anticipated to witness multiple challenges. Thus, companies in the energy market should adjust expectations

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CAPEX Q1 2017

Despite a resurgence in U.S. shale, broad adherence to OPEC cut commitments has resulted in a relatively stable oil price. With several mega projects due for award in the near future, the remainder of the year is anticipated to witness decent project activity, slightly healthier than 2016

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CAPEX Q4 2016

While 2016 was a disappointing year, market optimism from 2017 hinges on OPEC cuts

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CAPEX Q3 2016

With the first three quarters of this year having witnessed significantly low spends, and with further delays expected, this year will likely end with the lowest capex spends seen in the GCC over the last decade

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OUR LOCATIONS

Bahrain

Office 241, 19th Floor

Platinum Tower- Seef

 P.O. Box 31005, Manama

Bahrain

Tel: +973 (1) 7224456

Fax: +973 (1) 7212204

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Dubai

Office 3106, Jumeirah Business Centre 3

Cluster Y, Jumeirah Lakes Towers

P.O. Box 643554, Dubai

United Arab Emirates

Tel: +971 (4) 3695520

Fax: +971 (4) 3695521

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Abu Dhabi

Office No. 5/Unit-3A, 2nd Floor

Sh. Saeed Al Nahyan Building,

Al Falah Street, Location No. C-48-E18_02

P.O. Box 2503, Abu Dhabi

United Arab Emirates

Tel: +971 (2) 6222966

Fax: +971 (2) 6222977

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Since our establishment in 1985, Contax Partners has been the advisor of choice for companies operating within the constantly evolving Middle East and Africa energy sector. Having operated in the energy market for over 30 years, we have a track record of empowering our clients to win business. Contax Partners is well placed to understand the challenges, and what impact these can have on your growth plans for the Middle East and Africa. 

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