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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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CAPEX Q1 2016 (4)

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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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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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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