Search results for: DW: UK

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  • 1 September 2014

    Offshore exploration activity on the UK Continental Shelf is slated for growth, Douglas Westwood writes in its DW Monday report titled: “A Boost for UK Offshore Drilling?” From a peak of 396 in 1996, numbers of wells drilled offshore UK fell to 164 in 2013, a low not seen since 1979, the DW report reads. Development wells were down […]

  • 16 February 2016
    Business & Finance, Operations & Maintenance, Research & Development

    Douglas-Westwood’s new North Sea Decommissioning Market Forecast 2016-2040 predicts that between 2016 and 2040 $70-$82 billion will be spent on decommissioning activity in Denmark, Germany, Norway and the UK. DW anticipates growth in decommissioning activity over the next few years, driven by the sustained low oil price, the maturity of North Sea fields and the […]

  • 1 February 2016

    The oil price collapse has been bad news for nearly every company involved in the industry, but one group that could actually benefit from it are specialist decommissioning companies, Douglas-Westwood, an energy intelligence group, has said in its DW Monday report.  According to Douglas-Westwood, for these companies there is an opportunity to be part of […]

  • 27 June 2016

    The decision by 52% of the voters in the EU referendum last week to vote to leave the EU has had far-reaching impact across the globe. The oil and gas sector, bruised from nearly two years of low oil prices, is bracing itself for the fall out, the energy intelligence group Douglas-Westwood said in its DW […]

  • 3 March 2017
    Business & Finance

    Total spend within the offshore wind market over the 2017-2025 period has decreased by 2%, from EUR 294 billion anticipated in Q4 2016 to EUR 289 billion, according to Douglas-Westwood’s World Offshore Wind Market Forecast Q1 2017-2025 report, an update to its report issued for the 2016-2025 period.

  • 20 June 2017
    Human Capital, Research & Development, Technology

    Students from the University Technical College Norfolk have worked with energy company Vattenfall and 3D-visualisation firm 3DW to inform the development of software that will be used to show what the proposed Norfolk Vanguard offshore wind farm project will look like.

  • 23 April 2014
    Research & Development, Technology

    3DW technologies has delivered an interactive 3d offshore model for Navitus Bay offshore wind farm. The Navitus Bay team turned to 3DW as it faced a challenge to effectively communicate the appearance of the development when viewed from different locations along the coastline. The resulting 3D model of the wind farm is one of the […]

  • 28 March 2016

    After the UK government revealed that the oil and gas industry would be aided by tax cuts worth £1 billion, Douglas-Westwood, an energy consultancy group, has raised a question whether this is too little too late.  On March 16th, the UK government effectively abolished the Petroleum Revenue Tax (PRT) and reduced the supplementary charge tax from […]

  • 23 April 2014
    Research & Development, Technology

    3DW technologies has delivered an interactive 3d offshore model for Navitus Bay offshore wind farm. The Navitus Bay team turned to 3DW as it faced a challenge to effectively communicate the appearance of the development when viewed from different locations along the coastline. The resulting 3D model of the wind farm is one of the […]

  • 13 June 2016

    With the referendum rapidly approaching, the question of what Brexit, a withdrawal of the United Kingdom from the European Union, could mean for the UK oil & gas industry has become increasingly intriguing, Douglas-Westwood said on Monday in its DW Monday report.  As a market broadly regulated in London, many argue that an exit vote […]

  • 14 March 2016
    Operations & Maintenance

    The next phase of offshore wind farms in the UK will drive increased use of helicopters offshore, according to Douglas-Westwood (DW). The research and consultancy company expects helicopters to become an integral part of the offshore wind industry’s O&M mix and forecasts steady growth in helicopter demand to 2025, primarily in Western European markets. In Germany and Denmark, […]

  • 23 March 2016
    Research & Development

    Following a record 2015, the offshore wind industry will see fewer additions in 2016. However, the level of projects entering construction and the diversity of locations expected in 2016 bodes well for a larger global market in the years to come, Douglas-Westwood (DW) said. Capacity additions will grow significantly post-2016, peaking at 9.2GW in 2022, according to DW’s […]

  • 2 March 2015

    The low oil price is expected to dramatically impact O&G activity on the UKCS, said Douglas Westwood in its DW Monday Report. Most notably, the number of wells drilled will decrease – particularly E&A wells. In 2014, drilling campaigns were significantly smaller than forecast – only 14 exploratory wells were drilled from an anticipated 25. This […]

  • 24 October 2016
    Business & Finance, Research & Development

    Offshore wind construction activity has surged in recent years and the trend is likely to continue with the industry’s engineering projects set to reach a EUR 286 billion Capex from 2017 to 2025, Douglas-Westwood (DW) reports in its new Offshore Wind Market Briefing. Often running counter-cyclical to the offshore oil and gas industry, the wind business is now […]

  • 20 July 2015

    After 10 years of diplomatic negotiation, the UN P5+1 countries (the US, the UK, France, China, Russia and Germany) have reached an agreement to unwind economic sanctions on Iran in return for significant international control and surveillance over its nuclear activities. The long-awaited deal will revive foreign investment in Iran, as Western IOCs renew pre-sanction […]

  • 7 March 2016

    Market researcher and energy industry consultancy Douglas-Westwood used its inaugural business breakfast, held in London last week, to present the company’s latest research for the financial sector and energy industry.  DW founder John Westwood chaired the proceedings and gave an introductory talk focusing on macro challenges and opportunities in the current cycle including skills transfer, geographic and […]

  • 12 May 2014

    Western Europe will continue to rely on imported Russian gas into the 2020s as mature offshore provinces struggle for growth, while large-scale shale gas extraction looks increasingly unlikely in the medium term, Douglas Westwood said in its DW Monday report. Following Moscow’s intervention in Ukraine and the resulting strained diplomatic ties with the West, it […]

  • 19 October 2016
    Research & Development, Technology

    UK-based 3D graphics company 3DW has recently completed an interactive 3D model of the proposed 1.8GW Norfolk Vanguard offshore wind farm for Vattenfall. The Swedish energy company will use the 3D model of the wind farm at their public consultation for the scheme, which will be held across Norfolk, UK,  from 18 to 29 October. The […]

  • 19 October 2016
    Research & Development, Technology

    UK-based 3D graphics company 3DW has recently completed an interactive 3D model of the proposed 1.8GW Norfolk Vanguard offshore wind farm for Vattenfall. The Swedish energy company will use the 3D model of the wind farm at their public consultation for the scheme, which will be held across Norfolk, UK,  from 18 to 29 October. The […]

  • 25 January 2015

    As the oil industry sector is looking for ways to reduce costs amid falling oil prices, similarly to the week of January 12 – 18, 2015, more companies have announced workforce reductions. Accordingly, articles on Talisman and Baker Hughes laying off their workers were the most read. You also read about a gas leak near a […]

  • 16 March 2015
    Exploration & Production

    The global offshore accommodation market has seen significant growth over the past five years, with PoB requirements increasing by 27% between 2009 and 2014, Douglas Westwood, an energy industry intelligence group, writes in its “DW Monday” report. Although the recent oil price decline has negatively impacted the accommodation market to some extent, the affect thus […]

  • 28 June 2016

    The oil and gas sector, still facing low oil prices, has yet another impact to deal with following the vote results in the UK’s EU referendum with 52 percent votes in favor of leaving the European Union.