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In the News

In the News, 5th September 2016

By September 5, 2016September 7th, 2022No Comments

DW in the NewsThis week’s edition is a bumper one, containing everything after the fifth of August to today:

 Michelle Gomez was quoted in an article on the recent discovery of natural gas hydrate in the Bay of Bengal:

“Methane hydrates could, in theory, revolutionize the energy industry, potentially providing significant upside to natural gas production. However, to date, there haven’t been any commercial-scale developments,” said Michelle Gomez of Douglas-Westwood. 12/08/2016

Our latest publication the, World Offshore Maintenance, Modifications & Operations Market Forecast 2017-2021, was referenced on a number of sites this week:

“DW’s latest view of the MMO market shows a positive outlook for the sector. A steady recovery from the recent oil price downturn is forecast, with Modifications spend expected to improve significantly between 2017 and 2021.” 01/09/2016 01/09/2016 01/09/2016 01/09/2016 02/09/2016 04/09/2016

The World Downstream Maintenance Market Forecast 2017-2021  was also released recently:

“DW forecasts steady growth in all service lines as ongoing expenditure is essential for the continuation of feedstock and production capacities. This is attributable to an increasing number of facilities that are reaching the end of their original design lives.” 26/08/2016 26/08/2016

Douglas-Westwood’s World FLNG Market Forecast 2017-2022 appeared on a number of news sites recently:

“Despite challenging market conditions, global capital expenditure on FLNG facilities is forecast to total $41.6 billion over the 2016-2022 period, according to a report by Douglas-Westwood (DW).” 10/08/2016 10/08/2016 10/08/2016 10/08/2016 10/08/2016 10/08/2016 11/08/2016 11/08/2016 16/08/2016 16/08/2016 17/08/2016 29/08/2016

The recently released World AUV Market Forecast 2016-2020 was featured on a  range of sites:

“Demand for AUVs is expected to increase in the commercial, military and research sectors over the next five years at a CAGR of 10 percent, according to Douglas-Westwood’s new World AUV Market Forecast 2016-2020.” 05/08/2016 05/08/2016 05/08/2016 05/08/2016 05/08/2016 05/08/2016 06/08/2016 08/08/2016 09/08/2016 09/08/2016 09/08/2016 10/08/2016 10/08/2016 11/08/2016 23/08/2016

The World Land Drilling Rig Market Forecast 2016-2020 was featured on a couple of sites:

“DW’s World Land Drilling Rig Market Report addresses this problem by providing analysis of prospects and five-year business forecasts for the international drilling business in difficult-to-access, frontier and developing regions, as well as the established NA market.” 19/08/2016 23/08/2016 01/09/2016

Douglas-Westwood’s ROV report was also in the news:

“The markets that operators are now trying to push into include the installation and repair of undersea telecom cables and offshore wind farms, as well as marine salvage, says Ben Wilby, an analyst at researcher Douglas-Westwood.” 05/08/2016 07/08/2016 16/08/2016 16/08/2016

Another report to feature in the news was the World Floating Production Market Forecast 2016-2020:

“2015 was also a weak year for orders. According to the Q2 edition of DW’s World Floating Production Market Report, written by Wilby, the four contracts awarded last year were: the South Pars FPSO, Appomattox FPSS, Sankofa-Gye Nyame FPSO and the TBA FPSO.” 04/08/2016 05/08/2016 17/08/2016 18/08/2016 18/08/2016 19/08/2016 26/08/2016 01/09/2016 01/09/2016

Offshore Magazine referenced the World Subsea Hardware Market Forecast in an article recently:

“Research director and editor Steve Robertson said: “Despite the negativity caused by the prolonged low oil price, subsea hardware remain a critical option for future developments, as new reserves are discovered in remote and deepwater basins.” 11/08/2016

An article on the North Sea Decommissioning Market Forecast 2016-2040 was featured in the August edition of Oilfield Technology and in an article published on LinkedIn:

“Decommissioning in the North Sea has long been heralded as both a major opportunity for those with the capability to remove infrastructure and a major headache for operators.”

Oilfield Technology Magazine Aug 2016 28/08/2016

There have been a number of DW Mondays, all of which have attracted attention from news sites:


The recent DW Monday that focused on fracking was referenced on a range of websites:

“Hydraulic fracturing has been a hugely controversial subject in many countries and has increasingly become the focus of legislation in the US.” 22/08/2016 22/08/2016 22/08/2016 24/08/2016 28/08/2016

The DW Monday from a few weeks ago about downstream also made it onto a number a sites:

“Record levels of drilling and production – particularly in the US – were fundamental factors in the downturn that swept across the oil and gas industry over the last 18 months.” 15/08/2016 15/08/2016 15/08/2016 15/08/2016

Matt Cook’s DW Monday from the 8th of August proved very popular, appearing on a large range of sites:

There is a general consensus amongst industry analysts that the oil oversupply creating the current market downturn will narrow by the end of 2016. Douglas-Westwoods (DW) data supports this view.” 08/08/2016 08/08/2016 08/08/2016 08/08/2016 08/08/2016 09/08/2016 09/08/2016 09/08/2016 09/08/2016 09/08/2016 10/08/2016 10/08/2016 12/08/2016 18/08/2016 23/08/2016