In the News

In the News, 12th February 2016

By February 12, 2016 November 28th, 2019 No Comments

DW in the NewsThe North Sea Decommissioning Market Forecast has dominated the news this week and was featured in a  Scottish Parliament debate after an MP referenced it during First Ministers Question Time:

Douglas-Westwood’s new North Sea Decommissioning Market Forecast 2016-2040 was referenced in the Scottish parliament (DW reference begins at 22:40):

“What is the Scottish Governments position on Douglas-Westwood’s forecast for North Sea decommissioning until 2040.”

YouTube.com 11/02/2016
Scottish.Parliament.uk (official report)


The report first appeared on the BBC website after last week’s DW Monday (see bottom of page for the other Decom references this week):

“Nearly 150 oil platforms in the UK North Sea are expected to be scrapped over the next 10 years, according to industry analysts.”

BBC.co.uk 07/02/2016


As well as this the report was featured in detailed articles on Interfax Energy and Spanish site news site Sputnik:

“Many of the platforms built in the 1960’s reached the end of their life in the 1980’s but were kept going with enhanced oil recovery techniques, which was justified by high oil price.”

Interfax Natural Gas Daily 10/02/2016
SputnikNews.com 09/02/2016


Andrew Reid was quoted in an article that appeared on Energy Voice and in the Press and Journal this week:

“Mr Reid said: “On the oil price we too think that the market drivers will turn more favourable once we near the end of 2016.”

EnergyVoice.com 10/02/2016
The Press and Journal 10/02/2016


An article by Mark Adeosun on the World LNG Market Forecast 2016-2020 was released on the LNG Industry website and was also featured in their February 2016 issue:

“Douglas-Westwood (DW) forecasts that this trend is to continue, with total expenditure on global LNG facilities expected to reach US$241 billion between 2016 and 2020. This represents a 34% increase compared to the preceding five year period.”

LNG Industry February 2016
LNGindustry.com


The recently released World Oilfield Services Market Forecast 2015-2019 was referenced on the Offshore Magazine website this week:

“Mobile offshore drilling unit day rates will likely continue to fall into 2017, according to a report by Douglas-Westwood, as more rigs come off long-term contracts.”

Offshore-Mag.com


This week’s DW Monday was featured on a number of sites:

“A critical turning point, when a produced barrel no longer finds spare capacity – is approaching. According to the IEA, global oil stocks increased by 1bn barrels in 2015, and the Agency expects a further increase of 285mn barrels over the course of this year.”

AlgeriaEnergy-Buisiness.com 08/02/2016
MarineLink.com 08/02/2016
MyInforms.com 08/02/2016
OffshoreEnergyToday.com 08/02/2016
OilVoice.com 08/02/2016
UNDPI.org 08/02/2016
WildWellEnt.com 09/02/2016


The DW Monday from 01/02/2016 focused on Douglas-Westwood’s new North Sea Decommissioning Market Forecast 2016-2040 was featured on a lot of sites this week:

“DW anticipates that 146 platforms will be removed from the UK during 2019-2026 – 51% of all UK platform removals over the forecast.”

Antares.fo
BritainWeekly.com 07/02/2016
Business-Standard.com 07/02/2016
EconomicTimes.com 07/02/2016
SkonomskeVesti.com 07/02/2016
EnergyVoice.com 07/02/2016
ExpressandStar.com 07/02/2016
GreatTodayNews.com 07/02/2016
HeraldScotland.com 07/02/2016
IBNLive.com 07/02/2016
Infro.co.uk 07/02/2016
Kapital-Rus.ru 07/02/2016
KingAllShare.com 07/02/2016
LatestNews24.org 07/02/2016
LeadNews24.com 07/02/2016
News.Rambler.Ru 07/02/2016
NewsRT.co.uk 07/02/2016
NewsVine.com 07/02/2016
NVS24.com 07/02/2016
PressandJournal.co.uk 07/02/2016
RNS.online 07/02/2016
RoughNeckCity.com 07/02/2016
Scotsman.com 07/02/2016
ShropshireStar.com 07/02/2016
STV.tv 07/02/2016
TayFM.co.uk 07/02/2016
TheFinanceTimes.co.uk 07/02/2016
TheGuardian.com 07/02/2016
TheSun.co.uk 07/02/2016
TheverbFori.co.uk 07/02/2016
Alfa.it 08/02/2016
AnsPress.com 08/02/2016
B1.ro 08/02/2016
Banka.hr 08/02/2016
BGUslugi.co.uk 08/02/2016
Business24.ro 08/02/2016
Club.BulgarianBusiness.org 08/02/2016
DailyMail.co.uk 08/02/2016
DailyPioneer.com 08/02/2016
DailyRecord.co.uk 08/02/2016
DecomNorthSea.com 08/02/2016
EandT.org 08/02/2016
EastLothianNews.co.uk 08/02/2016
EnergiWatch.dk 08/02/2016
EuroInvestor.dk 08/02/2016
Evening Express (City Final) 08/02/2016
FreshBusinessThinking.com 08/02/2016
Gefira.org 08/02/2016
GlasgowSouthandEastExtra.co.uk 08/02/2016
Greens.scot 08/02/2016
Headlines-News.com 08/02/2016
HellenicShippingNews.com 08/02/2016
KVF.fo 08/02/2016
Limun.hr 08/02/2016
LSE.co.uk 08/02/2016
ManagementToday.co.uk 08/02/2016
MarketFair.gr 08/02/2016
MorningStar.co.uk 08/02/2016
MoneyControl.com 08/02/2016
Nakratko.bg 08/02/2016
NewsLetter.co.uk 08/02/2016
NewsToday.com 08/02/2016
NEzerMedia.az 08/02/2016
Novini.London 08/02/2016
OilandGasPeople.com 08/02/2016
PB.pl 08/02/2016
PRW.com 08/02/2016
Respublika.it 08/02/2016
ScotlandNews.net 08/02.2016
Scotsman.com 08/02/2016
ScottishDailyMail.com 08/02/2016
ShippingWatch.dk 08/02/2016
Splash247.com 08/02/2016
SydInvest.dk 08/02/2016
TheIndependentBD.com
TheMediTelegraph.com 08/02/2016
TheNational.scot 08/02/2016
TheTimes.co.uk 08/02/2016
TheWeek.co.uk 08/02/2016
ThisisMoney.co.uk 08/02/2016
TradeBeat.pl 08/02/2016
TrakiaWorld.com 08/02/2016
ZiareLive.ro 08/02/2016
AsenOvgrad.net 09/02/2016
Banka.hr 09/02/2016
CinemaBlaze.com 09/02/2016
Daily-Sun.com 09/02/2016
E-Petrol.pl 09/02/2016
e-Vesti.co.uk 09/02/2016
Independent.co.uk 09/02/2016
JKNUS.com 09/02/2016
OiladnGasIQ.com 09/02/2016
PlasticsNewsEurope.com 09/02/2016
RadioNewred.com 09/02/2016
SputnikNews.com 09/02/2016
TehranTimes.com 09/02/2016
TheLakeAndesWave.com 09/02/2016
Vev.fo 09/02/2016
Petro-Online.com 11/02/2016