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In the News

In the News, 8th January 2016

By January 8, 2016September 7th, 2022No Comments

DW in the NewsIt has been a busy few weeks with two DW Mondays and the LNG Report among the stories referenced in the news:

An article by Katy Smith that focused on the recent Iran-Saudi Arabia disagreement was featured on the Energy Voice website:

“Saudi Arabia is keen to preserve its market share, with DW expecting total oil production to increase steadily over the next six years, reaching just over 12.1 mmbbl/d in 2021.” 05/01/2015

The article was also featured on a number of other websites:

“Douglas-Westwood (DW) researcher Katy Smith said tensions between Saudi Arabia and Iran also are being closely followed by world oil traders and analysts.” 07/01/2016 07/01/2016 07/01/2016 07/01/2016 07/01/2016 08/01/2016

The BBC News website referenced a line from DW Monday (28/12/2015) in a recent article:

“Industry analyst Douglas-Westwood has today warned that the backlog of work in subsea operations worldwide has disguised the falling away of orders. It forecasts a 15% drop in the next year in sub-sea installations.” 04/01/2016

Douglas-Westwood’s World LNG Market Forecast was in the news again this week and featured on a number of websites:

“DW has released its ‘World LNG Market Forecast 2016 – 2020’, in which it predicts that the trend of growing Capex will continue. The company estimates that global total expenditure on LNG facilities will reach US$241 billion between 2016 and 2020.” 27/12/2015 30/12/2015 31/12/2015 06/01/2016 06/01/2016 07/01/2016

The World FLNG Market Forecast was also in the news this week, featuring in a press release for SMI’s annual Floating LNG Conference:

“Despite plummeting volatile oil prices, capital spend in the FLNG market, is expected to reach $58.3 billion by 2015-2021 (according to DW research). With a history of nearly 30 years of development and research there is tremendous interest in the technology.”

The World Offshore Accommodation Market Forecast was referenced in an article on the E&P Mag website this week:

“In fact, according to DW in the latest version of its “World Offshore Accommodation Market Forecast”, there is even likely to be modest growth in the market over the longer term despite a decrease in forecast offshore capex over the period.” 04/01/2016

This week’s DW Monday made it onto a number of websites:

“2015 was a tough year. Spending and headcounts have been slashed across the industry and the spectre of bankruptcy is an all too common concern. Recent trends in commodity prices have not helped.” 04/01/2016 04/01/2016 04/01/2016 04/01/2016 05/01/2016 05/01/2016 05/01/2016 06/01/2016 06/01/2016 07/01/2016

The DW Monday that was released on Monday 28th December proved very popular, appearing on a number of websites:

“This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more than a decade. With commodity prices plummeting to an 11-year low in December, DW reflects on the year gone by and considers the outlook for the year to come.” 28/12/2015 28/12/2015 28/12/2015 28/12/2015 28/12/2015 28/12/2015 28/12/2015 28/12/2015 28/12/2015 28/12/2015 29/12/2015 29/12/2015 30/12/2015 30/12/2015 07/01/2016