"Oil and Gas Business Confidence Report Q4 2014" Published

From: Fast Market Research, Inc.
Published: Mon Jan 12 2015

"Oil and Gas Business Confidence Report Q4 2014" is a new report by Kable that globally analyzes industry opinions on the latest economic and customer issues, and their impact on investment decisions and growth prospects within the Oil and Gas industry. This report also 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.

Full Report Details at
- http://www.fastmr.com/prod/911447_oil_and_gas_business_confidence_report_q4_2014.aspx?afid=303

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.

This report is the result of an extensive survey drawn from Kable's 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.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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