(MENAFNEditorial)
FOR IMMEDIATE RELEASE Illinois – United States – November 272014 (PR Buzz): Oil and Gas Business Confidence Report Q4 2014 is a new market research publication announced by Reportstack. This report examines executive opinions with regards to the current and future state of the economy and its effect on the industry. It analyzes the likely effect of supplier price changes sales performance and staff headcount within the industry over October–December 2014. This report provides an overview of the key priorities threats and opportunities for the global Oil and Gas industry over October–December 2014. Furthermore the survey forecasts projected investment on offshore equipment procurement budget allocations and the leading suppliers of offshore equipment in the oil and gas industry.
Key Findings
• Overall 53% of Oil and Gas industry respondents state that they are operating in a stable economic environment while 24% state that their current economic conditions are favorable.
• The majority of global Oil and Gas industry respondents anticipate positive growth for both their companies and the industry over October–December 2014.
• Industry respondents from Asia-Pacific expect the highest growth in sales volume in October–December 2014.
• Protecting and growing market share and improving operational efficiency are the most popular priorities by Oil and Gas industry executives operating across all regions.
• The majority of respondents from the Rest of the World are keen to purchase leased offshore equipment.
• Highest percentage of executives from North America and the Rest of the World expect to invest more than US$50 million for equipment purchases in 2014–2015.
• Respondents intend to allocate the biggest part of their procurement budget towards meeting operating expenses in 2014 and 2015.
Synopsis
This report is the result of an extensive survey drawn from exclusive panel of leading global Oil and Gas industry executives. The report analyzes current global economic conditions and their impact on the Oil and Gas industry and forecasts the company and industry growth prospects over October–December 2014. It provides information about the impact of customer confidence supplier prices and staff headcount likely to affect investment decisions over October–December 2014. Additionally the report includes the trends in the offshore equipment market analysis of the procurement budget allocations and leading suppliers of offshore equipment.
In particular it provides an in-depth analysis of the following:
• Industry executives’ opinions about the current state of global economy: examining the prevailing economic conditions and executives’ opinions with regards to the global economy and the state of economic conditions in various regions.
• The growth prospects of companies and the industry as a whole: providing industry executives’ expectations on the growth prospects of their company and the Industry over October–December 2014.
• Change in customer confidence: analyzing Oil and Gas industry executives’ opinions on changes in customer confidence globally over October–December 2014.
• Impact of supplier prices: determining the expected change in supplier prices across various categories and their impact on business confidence and examines the key factors influencing the change.
• Change in staff headcount and sales performance: tracking the expected changes in staff headcount and sales among industry executives operating in various regions over October–December 2014.
• Investment activities: ascertaining the various investment activities on which industry executives intend to focus on over October–December 2014.
• Business concerns: examining industry executives’ attitudes towards various business concerns and provides regional analysis.
• Key priorities: identifying the immediate business priorities of Oil and Gas industry executives over October–December 2014.
• Purchase preferences: analyzing the purchasing behavior towards offshore equipment and investment allocations in the Oil and Gas equipment categories.
• Budget allocation: examining total procurement budget split between capital expenditure and operating expenditure and tracking the changes in the budget for 2014 and expectations for 2015.
Reasons To Buy
• The report projects the current and future operating conditions of the Oil and Gas industry and allows readers to make effective business decisions.
• The report helps readers to make strategic decisions by understanding the present and future economic and customer issues including key growth regions.
• Oil and Gas industry suppliers will be provided with a clear uncovering of the key challenges and opportunities and identify the key priorities likely to affect the industry’s growth prospects.
• The report forecasts the change in supplier prices of various products which are likely to influence the industry’s growth prospects over October–December 2014.
• The report helps executives recognize the change in customer confidence levels in the global Oil and Gas industry over October–December 2014.
• The report enables the executives to take key decisions on purchase preferences and investments in offshore equipment.
• The report also helps the executives to know the leading suppliers in the Oil and Gas equipment categories.
Companies Mentioned
Statoil ASA Turkmengas Afghan Gas Enterprise Inter State Gas Systems (China) GAIL (India) GE AECOM
To access full report with TOC please visit Oil and Gas Business Confidence Report Q4 2014
Contact:
Debora White
United States
Email: debora@reportstack.com
Ph: +1-888-789-6604
Reportstack
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