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In the News

In the News, 30th November 2015

By November 30, 2015September 7th, 2022No Comments

DW in the NewsDW has been on a number of sites this week, with reference to our World FLNG Market Forecast and World Floating Production Market Forecast in a range of publications:

Douglas-Westwood’s World FLNG Market Forecast 2015-2021 report was featured in a supplement to LNG World Shipping that focused on Offshore LNG:

“In 2015 we expect something of a pause in new commitments given both the first-in-line-to-be-second approach to the technology and the capex cutbacks we have seen as a function of lower oil and gas prices,” says Mr Wilby.”

Offshore LNG (a supplement to LNG World Shipping)

Last week’s Upstream newspaper featured a special on the floating production market and referenced Douglas-Westwood’s World Floating Production Market Forecast 2015-2019:

“DW analyst Ben Wilby says 2016 “should see a recovery in activity as a number of project FIDs that were due in 2015, such as the Vette FPSO vessel, are reached. Re-engineering and industry price deflation are key drivers for renewed activity.”

Upstream Newspaper 20/11/2015 20/11/2015

Nigerian newspaper This Day also featured the World Floating Production Market Forecast 2015-2019 in their paper this week:

“Despite the current global downturn in the crude marker, which has led to industry wide reduction in capital expenditure (Capex), Douglas-Westwood has predicted in a new report that the Capex for FPS units would rise to $68billion between 2015 and 2019.” 24/11/2015

The World Floating Production Market Forecast 2015-2019 was also referenced on the Energy Window International website:

“Douglas-Westwood’s new quarterly version of the World Floating Production Market Forecast 2015-2019 forecasts that $68 billion will be spent on FPS units between 2015 and 2019 – an increase of 49% compared to 2010-2014.” 20/11/2015

Douglas-Westwood is presenting at an event on the 1st of December and it made it into the news:

“Jointly organised by Subsea UK and the SUT, the one-day event on 1st of December will welcome an impressive line-up of speakers from Douglas Westwood, DNV GL, Proserv, OneSubsea, Trelleborg Offshore, Innospection and Astrimar.” 27/11/2015

Douglas-Westwood’s new range of market briefings was announced recently and was featured in the news:

“DW’s new product range Market Briefings takes selected insight from DW’s 25 years of project experience for over 1,100 clients in more than 70 different countries and coverage of 250 niche energy segments to provide concise reviews of various individual markets.” 23/11/2015

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

“Since the first oil shock of 1973, instability in the Middle East has frequently been associated with higher oil prices. In an industry desperate for positive movement in crude price, the current turmoil in this region is having a limited impact.” 23/11/2015 23/11/2015 24/11/2015