In the News

In the News, 8th January 2016

By January 8, 2016 November 28th, 2019 No 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.”

EnergyVoice.com 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.”

DrillBitMedia.com 07/01/2016
EPMag.com 07/01/2016
OGFJ.com 07/01/2016
OGJ.com 07/01/2016
PennEnergy.com 07/01/2016
Rigzone.com 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.”

BBC.co.uk 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.”

MarasiNews.com 27/12/2015
LNGIndustry.com 30/12/2015
Cire.pl 31/12/2015
EnergyNewsBulletin.net 06/01/2016
EnergyNewsPremium.net 06/01/2016
InternationalCoalNews.com 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.”

SMI-Online.co.uk


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.”

EPMag.com 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.”

OEDigital.com 04/01/2016
OGFJ.com 04/01/2016
OilVoice.com 04/01/2016
OSJOnline.com 04/01/2016
EnergyGlobal.com 05/01/2016
OffshoreEnergyToday.com 05/01/2016
ShaleMarkets.com 05/01/2016
OilandGasPeople.com 06/01/2016
SNMEvents.com 06/01/2016
WildWellEnt.com 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.”

DrillBitMedia.com 28/12/2015
Enigma-intl.com 28/12/2015
MarineLink.com 28/12/2015
MarineTechnologyNews.com 28/12/2015
Offshore-Mag.com 28/12/2015
OffshoreEnergyToday.com 28/12/2015
OGFJ.com 28/12/2015
PennEnergy.com 28/12/2015
Rigzone.com 28/12/2015
ShaleMarkets.com 28/12/2015
CNSS.com.cn 29/12/2015
OilPro.com 29/12/2015
OffshoreVisie.nl 30/12/2015
ScandOil.com 30/12/2015
AbeGas.org 07/01/2016