In the News

In the News, 5th August 2016

By August 5, 2016 November 28th, 2019 No Comments

DW in the NewsDouglas-Westwood was referenced on a large number of sites this week with a range of reports mentioned, as well as our recent webinar:

 Jason Waldie was quoted in Rigzone this week:

“Russia needs outlets for its crude production as the country attempts to maximize output. The move is necessary due to the high breakeven costs of its petroleum projects, Jason Waldie, associate director at DW, told Rigzone.”

Rigzone.com 01/08/2016


DW recently held its first webinar and it was in the news again this week:

“Some oil and gas industry participants have pointed to the recent uptick in oil prices and rig count as signs of a recovery, however, DW has predicted a turnaround is unlikely before 2018.”

IndMin.com 29/08/2016


Steve Robertson will be the keynote speaker at the SMM event in Hampburg and a number of sites referenced that:

“The keynote speaker will be Steve Robertson, director – HQ & Research Centre at Douglas-Westwood.”

Hafen-Hamburg.de 01/08/2016
HafernRadar.de 01/08/2016
Windkraft-Journal.de 02/08/2016
Lautindo.com 03/08/2016
ShippingNet.eu 03/08/2016


The Q2 edition of Douglas-Westwood’s World Floating Production Market Forecast 2016-2020 was released recently and a number of news sites covered it:

“The Q2 edition of DW’s World Floating Production Market Report 2016-2020 forecasts that Capex for FPS units will total $58 billion (bn) over the period to 2020, Latin America will dominate spend, accounting for 35% of this Capex, mostly from Brazil.”

OffshoreMag.com 29/07/2016
HellenicShippingNews.com 02/08/2016
Maritime-Executive.com 04/08/2016


Douglas-Westwood’s World Oilfield Services Market Forecast 2016-2020 was referenced on a number of sites this week:

Consultancy Douglas-Westwood has been calculating the impact on spending on global oilfield services – dropping 38% last year, and 15% this year.”

BBC.co.uk 31/07/2016
OilReviewMiddleEast.co.uk 01/08/2016
EnergyGlobal.com 02/08/2016
HellenicShippingNews.com 02/08/2016
CFDTrade.com 03/08/2016


Another report in the news this week was the World Oilfield Equipment Market Forecast 2016-2020

“Oilfield equipment – primarily the building of rigs for onshore and offshore – is down to 32% of its level in 2014, and with few projects being given the green light recently, Douglas-Westwood foresees “a void in construction in the long term.”

BBC.co.uk 31/07/2016
HellenicShippingNews.com 02/08/2016
CFDTrade.com 03/08/2016


The North Sea Decommissioning Market Forecast 2016-2040 was referenced in a story about the Pioneering Spirit:

“Douglas-Westwood forecasted that Pioneering Spirit could save the industry around $12 billion if it were used to remove infrastructure in the North Sea over the next 25 years.”

OEDigital.com 01/08/2016
Maritime-Executive.com 02/08/2016


Douglas-Westwood’s World Deepwater Market Forecast appeared in the news as well this week:

“In May analyst Douglas-Westwood adjusted its forecast for spending on deepwater projects to $137 billion between now and 2020, a dramatic 35% fall compared to its own figures from March 2015.”

EPMag.com 01/08/2016 


This week’s DW Monday was featured on a range of websites:

“As battle lines were drawn during Libya’s long civil war, Libya’s National Oil Company (NOC) was split between East and West, with opposing governments in Tripoli and Torbruk competing over oil revenues.”

EnergyGlobal.com 01/08/2016
BunkerPortsNews.com 02/08/2016
HellenicShippingNews.com 02/08/2016