SOURCE: Industrial Info Resources

Industrial Info Resources

January 28, 2015 06:00 ET

Oil & Gas Project Spending Plans Still Robust, but Changes Are Expected, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jan 28, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Planned project spending on North American Oil & Gas projects remains quite robust, despite the recent collapse in crude-oil prices, according Industrial Info's North American Industrial Project Database. Many companies are adjusting their capital spending plans to prepare for the release of fourth-quarter earnings. Therefore, downward revisions to Industrial Info's data are likely. Right now, however, Industrial Info is tracking 1,279 active projects that are scheduled to kick off between March 2015 and March 2016. The total investment value of those projects is about $127 billion.

Within this article: Details on Oil & Gas project spending in North America.

Additional companies: ICF International Incorporated (NASDAQ:ICFI)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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