Quarterly Reports
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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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CAPEX Q2 2016

While H1 2016 had a slow start, H2 2016 could result in higher project activity provided that oil prices continue to rise; thereby providing some much needed relief to the Energy market

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CAPEX Q1 2016

Amidst market slowdown, Q1 2016 has started slowly with only USD 12.8bn worth of project spends. With little likelihood of a significant rise in crude oil prices in the near future, 2016 will certainly prove to be a challenging year for oil companies

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