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In the News

In the News October 9th 2015

By October 9, 2015September 7th, 2022No Comments

DW in the NewsThis week has been busy with a number of DW staff quoted in the news as well as references to out ROV and Onshore Pipelines reports:

Steve Robertson was quoted on the Bloomberg and Washington Post websites this week:

“The plunge in oil prices is also slowing down the construction and delivery of new rigs, said Steve Robertson, a London-based director at DW. There are a lot of new rigs that will enter the market, which probably will be in stock from day one.” 08/10/2015 08/10/2015

A recent speech by John Westwood was featured on the New Orleans City Business site this week:

“Energy analyst John Westwood offered insight on industry innovation and market conditions to four Louisiana-based oil and gas start-ups participating in an accelerator program in New Orleans.” 02/10/2015 02/10/2015

An article by Mark Adeosun about Brazil was featured in the October issue of Offshore Engineer as well as on their website:

“Brazil will need to drill around 300 development wells in deepwater in order to sustain and reach its production target. Douglas-Westwood’s Mark Adeosun takes a look at what is at stake.” 01/10/2015

Matt Cook was quoted by Spanish newspaper La Vanguardia on the Arctic:

“Matt Cook, analyst at Douglas-Westwood makes the following analysis. “Although the Arctic is most likely hiding very vast reserves, exploration may not occur on a large scale for years because of the price.”

LA Vanguardia 05/10/2015

The brochure for the upcoming Subsea Asia 2016 conference referenced DW:

“With Asian subsea expenditure estimated to hit US$32 billion from 2014 to 2019 (Source: DW), Subsea Asia 2016 taking place alongside OSEA is well-timed for forward thinking companies to meet the rising demand for subsea technology & services.”

The World ROV Operations Market Forecast 2015-2019 was referenced in the news:

“Douglas-Westwood (DW) has announced that it forecasts the market for the operation of work-class ROVs to total US$14.2 billion over the period to 2019, in the seventh edition of the World ROV Operations Market Forecast.” 06/10/2015

That was not the only report in the news; the World Onshore Pipelines Market Forecast 2015-2019

“Onshore pipeline capital expenditure is expected to grow modestly to $220 billion between 2015 and 2019, according to a new Douglas-Westwood market forecast.” 02/10/2015

This week’s DW Monday was featured on a number of news sites:

“Oil prices have stabilised in the $45-50 range, however, performances of major oilfield stocks have continued to suffer. According to analysis undertaken by DW, decline of a further 8% has been seen through September, down 39% year-on-year.” 05/10/2015 05/10/2015 05/10/2015 05/10/2015 08/10/2015 08/10/2015

The 24th of August edition of DW Monday was in the news as well this week:

“Where does this leave the country…DW believes that Riyadh may be forced to make a number of difficult decisions regarding domestic subsidies and expenditure in order to reduce a potentially crippling budget deficit.” 05/10/2015