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
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
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
CAPEX Q4 2016
While 2016 was a disappointing year, market optimism from 2017 hinges on OPEC cuts
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