In the News, 3rd February 2017

DW in the NewsIt has been a fairly busy week with a number of publications referenced in the news:

Andrew Reid spoke at Subsea Expo 2017 and was featured on a number of sites as a result:

“Markets are recovering. They’re becoming more balanced and, arguably, precariously balanced. It’s not going to take much to create a bit of a shock on the supply side and all of a sudden we’re in a state of disequilibrium.”  01/02/2017 01/02/2017

The latest issue of Offshore Magazine (Jan 2017) featured a number of articles on different DW reports, including the World Offshore Helicopters Market Forecast 2017-2021:

“In its soon-to-be published World Offshore Helicopters Market Forecast 2017-2021, Douglas-Westwood (DW) has analyzed the impact of the H225 issues.”

Offshore Mag Jan 2017

The World Offshore Maintenance, Modifications & Operations Market Forecast 2017-2021 report was also featured in an article written by Marina Ivanova:

“Since the oil price downturn, the offshore MMO market has witnessed a significant decline of 22% in global expenditure from $105.9 billion in 2014 to $82 billion in 2015. An additional 5% decline is anticipated by the end of 2016.”

Offshore Mag Jan 2017

Released in December, the World Subsea Vessel Operations & Hardware Market Forecast 2017-2021, was the third mention of DW in the magazine:

“While the lower-for-longer oil price has made, for the most part, the sanctioning of large offshore projects financially unviable, a recent report by analyst Douglas-Westwood (DW) found that the subsea sector could be turning around.”

Offshore Mag Jan 2017

Douglas-Westwood’s World Deepwater Market Forecast 2017-2021 was released this week and was featured on a number of sites:

“DW” forecasts global deepwater expenditure to total $120bn over 2017-2021. Spend is expected to decline at a -6% CAGR.” 03/02/2017 03/02/2017 03/02/2017

Lloyd’s Register quoted DW’s World Offshore Wind Market Forecast 2016-2025 in a recent press release:

“LR said this was a timely approach by the company as growth is anticipated on all of the aforementioned areas, citing DW’s forecast for the offshore wind sector, according to which EUR 200 billion of Capex  will result in installed capacity of more than 70GW by 2025.” 27/01/2017 30/01/2017 30/01/2017 30/01/2017 30/01/2017 31/01/2017 01/02/2017

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