Oil & Gas Industry Business Outlook and Procurement Report H1 2016

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Amid growing market uncertainty, pricing pressures and falling demand, organizations within the oil & gas industry are planning to increase focus on improving operational efficiency, expanding in current market, and strengthening sustainability framework. Mergers and acquisitions are expected to increase within the oil & gas industry with emerging markets such as the Middle East, China, and India offering prominent growth opportunities. Over one-third of oil & gas industry executives indicate average expenditure of less than US$1 million for drilling outfit and tool equipment. Additionally, 50% of global oil & gas industry business executives from large companies expect a surge in capital expenditure on machinery and equipment purchase in H1 2016. Furthermore, large and small companies highlight a decline in revenue contribution towards the oil & gas equipment market within Middle East & Africa from 2016 to 2020.

Scope

• Improving operational efficiency and expansion in current market are the top priorities for oil & gas industry executives over the next six months

• Overall, 52% of executives expect the US to offer a significant boost to the oil & gas industry over the next six months

• The majority of respondents project a significant increase or increase in M&A activity in H1 2016

• Market uncertainty, responding to pricing pressure, and falling demand are the pressing business concerns for global oil & gas industry executives

• The highest percentage of respondents operating in the Rest of the World and Asia-Pacific indicated preference for outright purchase of offshore equipment

Of respondents, 50% anticipate no change in capital expenditure on offshore equipment within Latin America in 2020

Reasons to Buy

• Highlights key business priorities thus helping oil & gas companies to realign business strategy

• Develop or adjust business expansion plans by knowing about significant growth offering emerging and developed markets

• Make changes in procurement budget allocations through procurement budget projections anticipated by executives for April–September 2016

• Helps to alter investment allocation by understanding key focus areas highlighted by survey respondents during H1 2016

• Enables organizations to make key decisions on purchase preferences and investments in oil & gas equipment

Statoil ASA
Petróleos Mexicanos
Enel Green Power
Abengoa
SNC-Lavalin Group Inc.
Oil and Natural Gas Corporation Limited
Woodside Petroleum Limited
Sempra LNG & Midstream
Sempra Energy
ABB
TransCanada Corporation
Columbia Pipeline Group
Royal Dutch Shell P

Table of Contents

Introduction

• Definitions

• Methodology and sample size

• Respondent profile

Global Business Outlook in H1 2015

• Strategic business priorities

• Emerging markets with significant growth potential

• Growth potential for developed markets

• Mergers and acquisition

• Leading business concerns

• Capital expenditure projections

Procurement Behaviors and Strategies

• Regional purchase pattern for offshore equipment

• Average expenditure on equipment types

• Procurement budget allocation and projections

• Procurement activity outlook in key areas

• Regional offshore equipment budget outlook

• Regional revenue contribution outlook

• Regional capital expenditure projection for offshore equipment

• Equipment wise regional revenue contribution for 2016 and 2020

Appendix

Table

N/A

Figures

Figure 1: Organizations’ Top Priorities – Overall, Apr 2016–Sep 2016

Figure 2: Organizations’ Top Priorities – By Region, Apr 2016–Sep 2016

Figure 3: Organizations’ Top Priorities – By Company Types, Apr 2016–Sep 2016

Figure 4: Emerging Market with Significant Growth Opportunities – Overall, Apr 2016–Sep 2016

Figure 5: Top Five Emerging Market with Significant Growth Opportunities – By Region, Apr 2016–Sep 2016

Figure 6: Top Five Emerging Market with Significant Growth Opportunities – By Company Types, Apr 2016–Sep 2016

Figure 7: Developing Markets with Prominent Growth Prospects – Overall, Apr 2016–Sep 2016

Figure 8: Top Five Developing Markets with Prominent Growth Prospects – By Region, Apr 2016–Sep 2016

Figure 9: Top Five Developing Markets with Prominent Growth Prospects – By Company Types, Apr 2016–Sep 2016

Figure 10: Change in Mergers and Acquisitions, Overall and Regional, Apr 2016–Sep 2016

Figure 11: Change in Mergers and Acquisitions, By Company Types, Apr 2016–Sep 2016

Figure 12: Major Concerns for Organizations – Overall, Apr 2016–Sep 2016

Figure 13: Major Concerns for Organizations – By Region, Apr 2016–Sep 2016

Figure 14: Major Concerns for Organizations – By Company Types, Apr 2016–Sep 2016

Figure 15: Change in Capital Expenditure in Key Areas – Overall, Apr 2016–Sep 2016

Figure 16: Change in Capital Expenditure in Key Areas – By Region, Apr 2016–Sep 2016

Figure 17: Change in Capital Expenditure in Key Areas – By Company Types, Apr 2016–Sep 2016

Figure 18: Purchase pattern for offshore equipment – Region

Figure 19: Average expenditure on equipment types

Figure 20: Procurement budget allocation and projections in 2016 and 2017 – Region

Figure 21: Procurement activity projections in key areas during 2016 and 2017 – Region

Figure 22: Offshore equipment budget projections (2015–2016) to (2016–2017) – Region

Figure 23: Revenue contribution outlook for oil & gas equipment market 2016 – Region

Figure 24: Revenue contribution outlook for oil & gas equipment market 2020 – Region

Figure 25: Regional revenue contribution projection 2016 to 2020 – By company types

Figure 26: Regional capital expenditure outlook for offshore equipment 2016

Figure 27: Regional capital expenditure outlook for offshore equipment 2020

Figure 28: Regional capital expenditure outlook for offshore equipment 2016 to 2020 – By company type

Figure 29: Equipment wise revenue contribution for 2016 – Region – (North America and Europe)

Figure 30: Equipment wise revenue contribution for 2016 – Region – (Asia-Pacific and Middle East & Africa)

Figure 31: Equipment wise revenue contribution for 2016 – Region – (Latin America)

Figure 32: Equipment wise revenue contribution for 2020 – Region – (North America and Europe)

Figure 33: Equipment wise revenue contribution for 2020 – Region – (Asia-Pacific and Middle East & Africa)

Figure 34: Equipment wise revenue contribution for 2020 – Region – (Latin America)

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