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
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
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
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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