Research and Markets: Global Downstream and Midstream Oil and Gas Industry Outlook to 2010: Buyer Spend and Procurement Strategies and the Impact of Recession and Recovery

DUBLIN-(Business Wire)-September 28, 2009 - Research and Markets (http://www.researchandmarkets.com/research/8385ad/global_downstream) has announced the addition of Global Markets Direct's new report "Global Downstream and Midstream Oil and Gas Industry Outlook to 2010: Buyer Spend and Procurement Strategies and the Impact of Recession and Recovery" to their offering.

Global Downstream and Midstream Oil and Gas Industry Outlook to 2010: Buyer Spend and Procurement Strategies and the Impact of Recession and Recovery

"Global Downstream & Midstream Oil & Gas Industry Outlook to 2010" is a new report published by Global Markets Direct in association with ICD Research that analyzes how downstream and midstream energy companies spend, procurement strategies & practices and business are being affected by the recession. In an uncertain economic climate this report gives you access to the category-level spending outlooks, buyer budgets, supplier selection criteria, business challenges and investment opportunities of leading purchase decision makers. The report also identifies buyers and suppliers future growth, M&A and investment expectations. The research is based on an extensive survey of senior and C-level industry executives from our market leading panels.

Scope

The opinions and forward looking statements of over 550 industry executives have been captured in our in-depth survey, of which over 40% represent Directors, C-levels & Departmental Heads and a further 31% represent senior engineers
This report covers data and analysis on buyer spend, procurement and industry developments by oil and gas refining, storage, transportation, marketing and selling companies and industry suppliers worldwide
The report examines current practices and provides future expectations over the next 12-24 months
The research is based on primary survey research conducted by Global Markets Direct in association with ICD Research accessing its B2B panels comprised of senior purchase decision makers and leading supplier organizations
Key topics covered include buyer spend activity, procurement behaviors & strategies and how these have been affected by the recession, threats & opportunities for the downstream and midstream oil and gas industry, economic outlook and business confidence
In the report buyers identify what suppliers need to do to maintain their business and the key actions being taken by industry players to overcome the leading business threats
The report provides qualitative analysis of the key industry threats and opportunities and contains full survey results
The geographical scope of the research is global - drawing on the activity and expectations of leading industry players across the Americas, Europe, Asia-Pacific and Africa & Middle East

Highlights

46% of downstream oil and gas companies expect to increase their procurement spend to increase over the next 12 months, a further 19% expect to maintain existing spend levels, and with many buyers re-evaluating existing supplier contracts the market open to competition is expected to increase
33% of industry buyers are seeking to engage in partnerships to optimize working capital and reduce costs - closer cooperation between suppliers and buyers is being sought during this time of market uncertainty
Only 15% of industry buyers do not regularly evaluate suppliers to ensure they meet high ethical and environmental standards

Reasons to buy

Drive revenues by understanding future product investment areas and growth regions by leading industry players
Formulate effective sales & marketing strategies by identifying how buyer budgets are changing and where spend will be directed to in the future
Better promote your business by aligning your capabilities and business practices with your customer's changing needs during these times of market uncertainty
Secure stronger customer relationships by understanding the leading business concerns and changing strategies of buyers in the downstream and midstream oil and gas industry
Effectively plan your business strategies
Predict how the industry will grow, consolidate and where it will stagnate
Uncover the business outlook, key challenges and opportunities identified by suppliers and buyers in the industry

Key Topics Covered:

1 Table of Contents

2 Introduction

3 Executive Summary

4 Economic Outlook and Confidence

5 Downstream and Midstream Oil and Gas Industry Investment Outlook

6 Recession: Threats and Opportunities for the Downstream Oil and Gas Industry

7 Downstream and Midstream Oil and Gas Industry Buyer Spend Activity

8 Procurement Behaviors and Strategies and the Impact of Recession

9 Appendix

For more information visit http://www.researchandmarkets.com/research/8385ad/global_downstream

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