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In the News

In the News, 7th October 2016

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

DW in the NewsA number of reports and articles where in the news this week including, the recently released World Oilfield Services Market Forecast and World FLNG Market Forecast:


Matt Cook was quoted in Energy Voice this week:

“Development drilling activity levels on the UK continental shelf will hold up for another three years, an analyst from Douglas-Westwood has said.” 04/10/2016

The latest edition of the World Oilfield Services Market Forecast was featured on a number of sites this week:

“The downturn in the onshore oilfield services (OFS) market should bottom this year, with expenditures of about $126 billion representing an industry nadir, researchers with Douglas-Westwood (DW) said Monday.” 30/09/2016 03/10/2016 04/10/2016 05/10/2016

One report in the news this week was the World FLNG Market Forecast:

“Despite near-term concerns, Douglas-Westwood’s ‘World FLNG Market Forecast 2017 – 2022’ expects CAPEX on floating LNG (FLNG) facilities to total US$41.6 billion, with liquefaction units accounting for 59% of total spend.” 30/09/2016 06/10/2016

An article on Douglas-Westwood’s World AUV Market Forecast was featured on Offshore Engineer this week:

“DW’s new AUV Market Forecast 2016-2020 considers the prospective demand for AUVs in the commercial, military and research sectors over the next five years. DW sees demand for units continuing to grow over the forecast period” 01/10/2016

This week’s DW Monday which focused on OPECs recent output cut announcement was referenced on a number of sites this week:

“OPEC’s surprise announcement on Wednesday of a preliminary output reduction agreement seemed to be the development the oil & gas sector had been waiting for.” 03/10/2016 03/10/2016 03/10/2016 03/10/2016 04/10/2016 04/10/2016