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In the News

In the News, May 1 2015

By May 1, 2015September 7th, 2022No Comments

DW in the News

A number of our reports, both new and old, have been featured in articles this week:

The World Floating Production Market Forecast was featured in two separate articles:

“Investments in floating production systems worldwide are set to soar to $21billion in 2017, up from $12billion this year.”

Offshore Magazine April 2015

Doulgas-Westwood was quoted in an article on drilling contractors:

“According to Douglas-Westwood, there are still plenty of offshore wells to be drilled, if the 2015 oil prices average between $50-70/bbl, but companies in the deepwater drilling market may continue to take a hit.”

Asian Oil & Gas Magazine Mar-Apr 2015

Website Veterans Today quoted DW from a Wall Street Daily article dated 04/11/2014:

“Douglas-Westwood, an energy advisory firm, estimates that nearly half of the US oil projects under development need oil prices greater than $120 per barrel in order to achieve positive cash flow.” 30/04/2015

Douglas-Westwood’s recent comments on Venezuela in a low oil price environment made the news this week:

“A lack of investment … has resulted in Venezuela being forced to market low-value crude oil, leading to severe financial problems for PDVSA. Douglas-Westwood expects onshore crude production to continue to decline at around 1% per year over 2015-2021.” 29/04/2015 29/04/2015

Douglas-Westwood’s World Subsea Hardware Market Forecast 2015-2019 was featured in a couple of articles this week:

“Global subsea hardware Capex will total $145 billion between 2015 and 2019, Douglas-Westwood (DW) forecasts in its new World Subsea Hardware Market Forecast 2015-2019.” 27/04/2015 28/04/2015 29/04/2015

Douglas Westwood’s World Land Drilling Rig Market Forecast 2013-2017 was referenced in an article this week:

“Douglas Westwood estimated that from 2013 to 2017 the overall demand for land rigs would increase 4% to 5% CAGR.” 26/04/2015

This week’s DW Monday appeared on Hellenic Shipping News this week:

“The industry should be recognised a part of the solution in providing the natural gas that can enable step one of the journey, to stop burning coal.”  28/04/2015