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In the News

In the News, September 18th 2015

By September 18, 2015September 7th, 2022No Comments

DW in the NewsIt has been a busy week, with DW Monday proving very popular, while various market reports appeared on a range of news sites:

A video highlights package of the Energy 2050 Survey Analysis panel, which Andrew Reid was part of, was posted on the Energy Voice website this week:

“Energy Voice brought together an expert panel and an informed audience for Energy 2050 – Securing Our Future, offering a unique insight into where the oil and gas industry is headed in coming years.”

EnergyVoice.com 17/09/2015


The World Oilfield Services Market Forecast 2015-2019 was released on Thursday and appeared on the Oil & Gas Financial Journal:

“The current downturn in the OFS business and the approach of the major swing producers is expected to have a marked effect on the global OFS market through to 2019, according to the recent edition of DW’s World Oilfield Services Market Forecast 2015–2019.”

OGFJ.com 17/09/2015


The recently released World ROV Operations Market Forecast 2015-2019 was featured in the news this week:

“According to Douglas-Westwood, 193 new units come on stream in the next five years.”

BrasilEnergiaOG.com


These were not the only reports referenced this week with the World FLNG Market Forecast 2015-2021 also in the news:

“British consulting firm Douglas-Westwood forecasts that in the years 2015-2022 the total capital investments in floating LNG plant will amount to 35.5 billion dollars, the floating regasification terminals in the same period has invested 22.8 billion dollars.”

ExpertNW.ru 15/09/2015


A press release from the 7th of September about the World Drilling & Production Market Forecast 2015-2021 appeared in the news this week as well:

“Douglas-Westwood’s (DW) World Drilling & Production Market Forecast has identified 83 exploration wells drilled offshore Mozambique and Tanzania since Anadarko’s play-opening Windjammer-1 well in the offshore Rovuma basin in 2009.”

Offshore-Mag.com 15/09/2015


DW Monday and the latest World Drilling & Production Market Forecast 2015-2021 (featured in DW Monday) were referenced in an article on the Offshore Support Journal website:

“The problem is that oil remains in plentiful supply,” said Douglas-Westwood. “Through the first half of 2015 we have seen a rapid increase in production globally, and particularly from the US and Saudi Arabia.”

OSJOnline.com 15/09/2015


DW Monday
and the World Drilling & Production Market Forecast 2015-2021 were also referenced in an article on the Energy News Bulletin site:

“However, Robertson says that if the cartel does win it will be at the cost of substantial national deficits for its member states. Saudi Arabia has substantial funds in reserve, but countries such as Venezuelan are certainly feeling a more acute fiscal pain.”

EnergyNewsBulletin.com 15/09/2015


The DW Monday from 22nd of June, which referenced the World Floating Production Market Forecast 2015-2019 was used by FPSO Network on a slide titled; ‘The short and long term impacts of the low oil price environment on FPSO contractors.’

“Only three contracts totalled around $1.5billion were awarded this year according to a report from Douglas Westwood in June this year.”

SlideShare.net


This week’s DW Monday has been very popular, appearing on a number of news sites:

“As the year approaches the fourth quarter, many industry observers are dusting off their forecasts for 2016 and re-thinking. HSBC lowered its oil price outlook to $60/bbl for 2016. The EIA…also revised its 2016 projection downward by $8/bbl to $59/bbl.”

24hgold.com 14/09/2015
EnergyGlobal.com 14/09/2015
OffshoreEnergyToday.com 14/09/2015
OilandGasPeople.com 14/09/2015
OilVoice.com 14/09/2015
Petrorek.com 14/09/2015
ShaleMarkets.com 14/09/2015
TeknoBlog.ru 14/09/2015
WorldOil.com 14/09/2015
CFI.net.cn 15/09/2015
DYHJW.com 15/09/2015
Finance.sina.com.cn 15/09/2015
HellenicShippingNews.com 15/09/2015
OilPubs.com 15/09/2015
Quamnet.com 15/09/2015
Oil008.com 16/09/2015