Search results for: douglas weestwood

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  • 31 January 2014

    Deepwater expenditure is expected to increase by 130%, compared to the preceding five-year period, totalling $260 billion (bn) from 2014 to 2018, with growth driven primarily by Africa and the Americas.   Douglas-Westwood (DW) has launched the 12th edition of its World Deepwater Market Forecast 2014-2018. Report author, Balwinder Rangi, says, “Africa and the Americas continue […]

  • 27 July 2015
    Equipment

    The subsea sector is highly consolidated with just five players servicing the $12 billion annual requirements of the global E&P community, Douglas-Westwood, an energy intelligence group, has said in its DW Monday report.  DW explained that the two largest, FMC and OneSubsea, account for approximately two-thirds of the market but despite this, have shown no […]

  • 7 December 2015

    Energy Software Intelligence Analytics (ESIA) has announced the completion of the acquisition of Douglas-Westwood Limited. According to ESIA, the acquisition of Douglas-Westwood represents ESIA’s next step in delivering a growth strategy for the company that includes a mix of new product development and acquisitions. ESIA says that the addition of the consulting and analytical services […]

  • 5 January 2016

    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, Douglas-Westwood, an energy intelligence group, said in its latest DW Monday report.  Recent trends in commodity prices have not helped, DW noted. Late December saw Moody’s downgrade its price forecast […]

  • 6 July 2015

    Petrobras has long been a pioneer in the adoption and deployment of deepwater technology. This has enabled them to build huge reserves of some 16 billion barrels of oil, Douglas-Westwood, an energy intelligence group, said in its DW Monday report. Converting these reserves to production, however, is another matter and Petrobras has a history of setting […]

  • 22 February 2016

    The protracted low price environment is pushing the offshore marine supply chain to breaking point. Rig managers, OSV contractors and subsea vessel owners are trading at 60-70% discounts to 2013 highs and every week seems to usher in a new wave of profit warnings, impairments or defaults, Douglas-Westwood, an energy intelligence group, said in its DW Monday report.  […]

  • 6 March 2017

    The announcement on the 28th February of Emas Chiyoda’s bankruptcy is the latest in a long line of vessel contractors to fall victim to the downturn since January 2015, according to Douglas-Westwood’s latest DW Monday report.  Multiple companies such as Cal Dive, Ceona, Cecon, Hercules Offshore, Harkand and Swiber have entered into administration, taking a […]

  • 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 […]

  • 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 […]

  • 28 November 2016

    E&P deepwater exploration and appraisal activity has dramatically declined and, in line with falling E&A activity, Reserve Replacement Ratios (RRRs) have been declining for the majority of major E&P companies, Douglas-Westwood, an energy intelligence group, said in its DW Monday report.  This week, DW highlighted some of the positive newsflow from offshore E&A activity in […]

  • 14 September 2015

    As the year approaches the fourth quarter, many industry observers are dusting off their forecasts for 2016 and re-thinking, Douglas-Westwood, an energy intelligence group, has said in its DW Monday report.  Last week, HSBC lowered its oil price outlook to $60/bbl for 2016. The EIA, in its latest Short Term Energy Outlook also revised its 2016 […]

  • 11 April 2016

    Whilst 2016 has so far seen much discussion surrounding the oil price, oversupply and the almost daily mini-rallies that appear as fickle as a two-year old’s breakfast selection, not a great deal of attention has been paid to the gas outlook, Douglas-Westwood has argued in its DW Monday report.  From 2016 production levels, Douglas-Westwood currently […]

  • 29 October 2013
    Business & Finance

    NOF Energy, the business development organisation for oil, gas, nuclear and offshore renewable sectors, is hosting a special event to help businesses access the oil and gas sector. The workshop will take place on Tuesday 12th November at The Durham Centre in Belmont Industrial Estate, Durham, and will be conducted by Energy Business Advisors, Douglas-Westwood. […]

  • 23 March 2012

    A new report from analysts Douglas-Westwood contends that over $225 billion will be spent on offshore wind power over the next four years. Over $335 billion worth of expenditure is expected over the next five years on offshore operations & maintenance according to a new report, The World Offshore Operations & Maintenance Market Forecast 2012-2016, […]

  • 14 January 2015

    The global capital expenditure (Capex) in the LNG industry will total nearly USD 259 billion from 2015 to 2019, according to a report by Douglas-Westwood. This includes spending on baseload onshore and offshore liquefaction, LNG carriers, and LNG regasification at onshore and offshore fixed terminals, Douglas-Westwood said in its ‘World LNG Market Forecast 2015–2019’. Australasia and […]

  • 7 April 2015

    Deepwater expenditure is expected to increase by 69%, compared to the preceding five-year period, totalling $210 billion (bn) from 2015 to 2019, Douglas Westwood, an energy intelligence group has said. As production from mature basins onshore and in shallow water declines, development of deepwater reserves has become increasingly vital, particularly to the world’s oil majors. […]

  • 27 February 2012
    Business & Finance, Research & Development

    The global AUV fleet is increasing and demand for autonomous underwater vehicles is expected to show steady growth over the period to 2016 according to a new report by Douglas-Westwood. Report author Paul Newman commented, “Many of the factors in the drive to using unmanned military aircraft, the so-called ‘drones’ also apply to both military […]

  • 24 February 2017
    Business & Finance

    Subsea cable demand will grow at a compound annual growth rate (CAGR) of 7% over the 2017-2021 period, with the offshore wind sector driving the market demand, according to this year’s first issue of Douglas-Westwood’s biannual Subsea Cable Tracker report.

  • 2 June 2014

    Ukraine’s oil & gas production appears to have been largely unaffected by the ongoing crisis involving Russia’s annexation of Crimea and the uprising of pro-Russian separatists in the east of the country, Douglas Westwood says in its “DW Monday” report.   Most of the Black Sea state’s producing gas fields are located away from the […]

  • 22 June 2015

    The crash in oil prices has led to a dramatic decline in the number and value of awards for FPSO units, Douglas-Westwood, an energy intelligence group, said in its DW Monday report. According to DW, there have only been three contracts awarded this year; a conversion for the Sankofa-Gye Nyame development, located in the Eni-operated Offshore […]

  • 18 May 2011
    Business & Finance

    Speaking at All Energy 2011, Andrew Reid, Douglas-Westwood’s Managing Director, today describes the prospects for the… (dw-1) [mappress] Source: dw-1, May 18, 2011

  • 23 March 2012

    A new report from analysts Douglas-Westwood contends that over $225 billion will be spent on offshore wind power over the next four years. Over $335 billion worth of expenditure is expected over the next five years on offshore operations & maintenance according to a new report, The World Offshore Operations & Maintenance Market Forecast 2012-2016, […]