Brough: Oil and gas companies follow resilient seven-year investment cycles
Tony Brough · The gas turbine crunch · Jun 5, 2025 · at 13:52
Energy consultant Tony Brough discusses whether low oil and gas commodity prices depress turbine and capital equipment demand in the oil and gas sector.
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“Most of the large oil and gas players have long-term thinking in mind. So they're making five, 10, seven, and ten-year strategy developments for strategy. Now, well, in any one year, they might Reduce their order activity because the oil and gas prices are down? Absolutely, that's correct. But in the long run, oil and gas companies basically stick to a strategy that, an investment strategy that, that keeps them investing. And typically what we see are what I call seven-year cycles in the oil and gas industry. It'll go up peak, At about year seven, and then come back down, slowly come back down, and then go back up again on another seven-year cycle.”
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