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In the News

In the News, April 23 2015

By April 23, 2015September 7th, 2022No Comments

DW in the News

This week has seen the release of the World Offshore Maintenance, Modifications, and Operations Market Forecast which has been featured in a range of publications.


Andrew Reid was quoted by the Press and Journal this week:

“Andrew Reid, Aberdeen based MD of energy consultancy Douglas-Westwood, said a recovery could come about quite quickly as the oversupply situation rights itself. Mr Reid said that a price boost was more likely to occur in 2016 rather than in 2015.” 23/04/2015

Jason Waldie was quoted on website Marine Link this week:

“Oil companies have been complaining about creeping projects costs for years. The industry doldrums are the excuse they, and companies like Halliburton, need to restructure long-term projects and cut the fat, say analysts like Jason Waldie.” 21/04/2015

Matt Cook was quoted in an article that referenced Douglas-Westwood World Drilling and Production Forecast and also featured some charts from the company:

“The active land rig count internationally dropped by only approximately 3% from 2014 to 2015, according to Matthew Cook, Researcher for global market research and consulting firm Douglas-Westwood.”

No end in sight for market volatility 23/04/2015

The Oil & Gas Financial Journal Magazine had an article that quote Douglas-Westwood:

“The low oil price is expected to dramatically impact O&G activity on the UKCS. Most notably, the number of wells drilled will decrease – particularly E&A wells.”

Oil & Gas Financial Journal Magazine Apr 2015

The Floating Production Market Forecast was quoted by Upstream in its quarterly Technology magazine:

“A recent Douglas-Westwood report paints a rather grim picture…researchers anticipate a total $81billion to be spent on the construction of floating production units between 2015 and 2019.”

Upstream Technology Issue 2, 2015

Douglas-Westwood’s latest edition of DW’s World Offshore Maintenance, Modifications, and Operations Market Forecast was released this week and was featured on a number of websites:

“This decline is due to the delay of some major modifications by operators and a reduction in some aspects of MMO that do not directly impact production,” said Fay Bridges, author of DW’s “World Offshore MMO Market Forecast” report.” 20/04/2015 20/04/2015 20/04/2015 21/04/2015 23/04/2015 23/04/2015 

The recently released World Deepwater Market Forecast 2015-2019 was referenced this week:

“Led by developments offshore Latin America and West Africa, the energy research firm Douglas-Westwood projects deepwater capital expenditure (Capex) will jump by 69 percent to $210bn between 2015-2019, compared to the previous five-year period.” 21/04/2015 22/04/2015 23/04/2015

A number of Chinese news sites have reference Douglas-Westwood’s World ROV Operations Market Forecast 2013-2017 report this week:

“According to the International Maritime Organization Douglas Westwood forecasts from 2013 to 2017 in five years, the cumulative expenditure in the world of deep-sea robot operation is expected to reach $ 9.7 billion.” 17/04/2015 20/04/2015 20/04/2015 21/04/2015 21/04/2015 21/04/2015 21/04/2015 22/04/2015

A different article by the Australian Financial Review also referenced the World ROV Operations Market Forecast:

“It would join a growing global AUV fleet, from some 600 in 2014 to an estimated 825 by 2018, according to the research firm Douglas-Westwood. That is to say, the drone called WANDA will likely have a sequel.” 22/04/2015 

This week’s DW Monday was popular, appearing on a number of websites:

“Douglas-Westwood (DW),UK’s energy business strategy, research and commercial due-diligence services provider, commented on “BG Acquisition Kicks Start a Fulcrum Year for Mega Gas” in its latest edition of DW Monday.” 20/04/2015 20/04/2015 20/04/2015 20/04/2015 20/04/2015 21/04/2015
TeknoBlog.Ru 21/04/2015
NGV.Ru 23/04/2015
WPRR.Ru 23/04/2015