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In the News

In the News, 4th December 2015

By December 4, 2015September 7th, 2022No Comments

DW in the NewsIt’s been a busy week with DW Monday garnering interest from a number of sites while numerous reports, including the World Subsea Vessel Operations Market Forecast were featured in magazines and on websites:

Douglas-Westwood was quoted numerous times in a shipbuilding sector update for Samsung, which referenced both our World FLNG Market Forecast and World Floating Production Market Forecast: 25/11/2015

An interview that focused on this week’s DW Monday was featured on the E&P Mag website this week:

“For 2016 orders, the average expected price is $408 million, down from an average of about $750 million in 2015, Wilby said. He warned, however, that the number does not tell the whole story. For starters, the sample size for 2015 is small.” 30/11/2015

Offshore Support Journal also referenced DW Monday in a piece on their website:                      

“But as Douglas-Westwood (DW) noted at the end of November, this particular market is expected to be better next year, with the Gulf of Mexico in particular having a surprisingly bright future.” 01/12/2015

An article by Mark Adeosun about the World Subsea Vessel Operations Market Forecast was featured on the SPE website and in the December issue of Oil and Gas Facilities Magazine:

“Low hydrocarbon prices have raised concerns over the viability of many o­ffshore field developments and therefore, subsea vessel activities over the next few years. The reduced oil price has called for a shake-up of the oil industry.” 04/12/2015

The programme for the upcoming Asian Offshore Support Journal Subsea Conference has been released and referenced the World Subsea Vessel Operations Market Forecast:

“Subsea vessel demand is set to grow at 5.2 per cent over the next five years, Asia will be the single largest market with an anticipated 18.7 per cent of the total expenditure according to Douglas-Westwood.”

A recent issue of UT2 featured a small article on the new World Oilfield Equipment Market Forecast (see attached):

According to DW, which has been looking at the oilfield equipment sector, it appears to be fairing relatively better than the rest of the offshore industry.”

UT2 October 2015

Douglas-Westwood’s World Onshore Pipelines Market Forecast was featured in the news this week as well:

“Douglas-Westwood (DW) expects onshore pipeline capital expenditure to grow modestly to $220 billion between 2015 and 2019, according to the latest edition of the World Onshore Pipelines Market Forecast”

This week’s DW Monday which focused on the recently released World Floating Production Market Forecast 2015-2019 Q4 was featured on a number of news sites:

With a mere four orders so far this year the floating production system (FPS) sector is suffering. However, things are anticipated to be better next year, with the US Gulf of Mexico (GoM) in particular, having a surprisingly bright future.” 30/11/2015 30/11/2015 30/11/2015 30/11/2015 30/11/2015 30/11/2015 30/11/2015 30/11/2015 30/11/2015 30/11/2015 01/11/2015