Published on March 13, 2014
Report: Global Oil and Gas Survey 2013 Category: Energy and Utilities www.researchonglobalmarkets.com Insert Image Height - 3.60 Width – 4.98
www.researchonglobalmarkets.com • Middle East, Brazil, India, China and Indonesia were forecasted to be the important emerging markets to offer growth opportunities in 2013 • Rising competition, retention or recruitment of skilled staff, market uncertainty, and responses to pricing pressure were the leading business concerns for the global oil and gas industry in 2013 • Overall, for 2013, the average size of the annual procurement budget for global oil and gas industry buyer respondents was projected at USD 121.9 million compared to USD 125.6 million in 2012 Report Insights Report: Global Oil and Gas Survey 2013
www.researchonglobalmarkets.com • Level of service, price, existing relationship with supplier, and delivery lead times are considered to be the most important factors for supplier selection in the global oil and gas industry • Environmental records and CSR, knowledge of buyers’ market, and proximity of supplier operations were considered to be the least important factors • While 21% of buyer respondents from the global oil and gas industry were willing to implement e-procurement in 2013 or beyond, 30% were already at different stages of implementation Report Insights (Continued) Report: Global Oil and Gas Survey 2013
www.researchonglobalmarkets.com • An analysis of revenue growth expectations by senior level respondents revealed that 55% of them were more optimistic about their company's revenue growth in 2013 • Capital expenditure towards facility expansion, machinery and equipment purchase and new product development was estimated to increase in 2013 • The top three priorities for global oil and gas industry upstream oil and gas companies in 2013 involved expansion of current market, improvement in operational efficiency and focus on sustainability Report Insights (Continued) Report: Global Oil and Gas Survey 2013
www.researchonglobalmarkets.com • A total of 66% of respondents from upstream oil and gas companies, 63% of respondents from downstream and midstream oil and gas companies, and 65% of respondents from oil and gas industry supplier companies anticipated an increase in their current workforce in 2013 • Respondents from the global oil and gas industry identified the US, Australia, Singapore, Taiwan and Hong Kong as regions expected to offer the highest growth potential among developed countries in 2013-2014 Report Insights (Continued) Report: Global Oil and Gas Survey 2013
www.researchonglobalmarkets.com Table of Contents • Introduction • Executive Summary • Dynamics • Market Growth Outlook • Threats and Opportunities • Buyer Spend Activity • Procurement Behaviors and Strategies • Appendix Report: Global Oil and Gas Survey 2013
www.researchonglobalmarkets.com • Publish date: Jun 6, 2013 • Number of slides: 165 • Geographic coverage: Global • Available format: PDF, CD, Hardcopy • Price for Single User License: USD 2,000 • Price for Site License: USD 4,000 • Price for Global User License: USD 6,000 • Delivery Time: Within 1 business day • Payment Modes: Credit/Debit Card, RTGS/Wire Transfer, Google Wallet, PayPal Report Details Report: Global Oil and Gas Survey 2013
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