In the News, 10th March 2017

DW in the NewsWith a number of new releases, including the new Western Europe Decommissioning Market Forecast 2017-2040 and a Q1 update of the World Offshore Wind Market Forecast 2017-2025, it has been a busy week with a large number of news sites featuring Douglas-Westwood:

 

A press release that focused on the budget and its potential impact on decommissioning was in the news this week:

“Measures announced today in the UK Budget will review the potential transfer of ownership of UK fields along with the ability to transfer the benefit of past taxes paid on production to be used for relief in future field decommissioning by the new owners.”

Offshore-Mag.com 08/03/2017
AJot.com 09/03/2017
OffshoreEnergyToday.com 09/03/2017


The Western Europe Decommissioning Market Forecast 2017-2040 was released this week and a number of sites reported on it:

“In its Western Europe Decommissioning Market Forecast 2017-2040, DW forecasts that between 2017 and 2040, $105bn will be spent on decommissioning in Western Europe.”

EnvironmentGuru.com 07/03/2017
Offshore-Mag.com 07/03/2017
ShaleMarkets.com 07/03/2017


The Q1 update of the World Offshore Wind Market Forecast 2017-2025 was also released:

“Total spend within the offshore wind market over the 2017-2025 period has decreased by 2%, from EUR 294bn anticipated in Q4 2016 to EUR 289bn, according to DW’s World Offshore Wind Market Forecast Q1 2017-2025 report.”

LunarWind.org 03/03/2017
OffshoreWindBiz.com 03/03/2017
BreakBulk.com 08/03/2017


Another report to feature in the news was the World Offshore Helicopters Market Forecast 2017-2021:

“In support of this contention, Experia pointed to a report on the helicopter services market by Douglas-Westwood that predicted a 3 percent annual growth in oil and gas expenditures between 2017 and 2021.”

AINOnline.com 07/03/2017


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

“With a market equilibrium and a recovery in sight, 2017 represents an opportune time for substantial industry consolidation and opportunistic vessel acquisitions to support long-term business strategy objectives.”

OffshoreEnergyToday.com 06/03/2017
OffshoreSource.com  06/03/2017
OilVoice.com 07/03/2017
OilandGasPeople.com 08/03/2017
SPE.org 08/03/2017

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