Quarterly Reports
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CAPEX Q4 2015

With oil prices sinking to new lows of USD 30/bbl and GCC countries implementing new reforms, project owners in the region are expected to face another challenging year

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CAPEX Q3 2015

Q3 2015 experiences c.USD 26bn project spends despite market uncertainty. With project owners facing numerous hurdles, Q4 could prove to be a challenging quarter

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CAPEX Q2 2015

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

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

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  1. CAPEX Q4 2014
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