News

DW Monday: Obama’s Legacy

Posted on January 16, 2017

As President Obama leaves the Oval Office on Friday, he leaves a legacy of mixed fortunes for the energy industry. While many in the business have been vocal critics of the 44th President and some of his more controversial legislations, there have been a number of positive aspects that occurred under the current administration. When…read more

In the News, 13th January 2017

Posted on January 13, 2017

A number of reports and DW Monday were featured on a variety of websites:   The last edition of the recently updated World Offshore Helicopters Market Forecast was featured in the news this week: “Despite turmoil in the oil and gas industry, the market researcher DW forecasts US$25 billion in expenditure on global offshore oil…read more

DW Monday: Baku to the Future

Posted on January 9, 2017

As we moved into the festive period last month, BP-operated AIOC and SOCAR were busy signing a letter of intent on the future development of Azerbaijan’s Azeri-Chirag-Gunashli (ACG) project. The giant offshore development, known as the ‘Contract of the Century’, began production in 1997 and peaked at 823 kbbl/d in 2010. However, production has since…read more

In the News, 6th January 2017

Posted on January 6, 2017

Two reports were referenced in the news this week, while this week’s DW Monday, proved popular:   The recently released World Subsea Vessel Operations & Hardware Market Forecast 2017-2021 was featured on the E&P website this week: “Despite the tough market conditions, vessel demand is set to increase 2017-2021 as many vessel owners have downsized…read more

DW Monday: Expectations for 2017

Posted on January 2, 2017

The past year has undoubtedly been one of the toughest for the oil & gas industry in recent memory. As we enter 2017 we consider three key themes that could shape the industry over the year ahead. A North America-Led OFS Recovery:  OFS markets are expected to bounce back in 2017 and we expect North…read more

In the News, 30th December 2016

Posted on December 30, 2016

It was a quiet week due to the Christmas break but a couple of reports were still referenced in the news: An article on Douglas-Westwood’s Upstream Investment Outlook was featured in the December issue of Oilfield Technology Magazine and also appeared on their website in two parts: “The report paints a picture of continuous oversupply…read more

In the News, 23rd December 2016

Posted on December 23, 2016

It has been a busy week, with a number of reports and interviews featuring on a wide variety of websites:   Andrew Reid is part of Subsea UK’s 2017 Subsea Expo and was referenced in their press release: “Andrew Reid from Douglas Westwood will be looking the market outlook for the subsea industry.” OEDigital.com 20/12/2016…read more

DW Monday: Super Pumas Grounded – Western Europe Heavy Helicopter Supply Scenarios

Posted on December 19, 2016

The fatal helicopter crash in April 2016 near Turøy, Norway, involving the H225 / EC225, has created uncertainty surrounding the future supply of Airbus’s heavy aircraft. In spite of the European safety regulator’s decision to lift the flight ban on the Super Puma models, the Super Pumas continue to be grounded by the UK and…read more

In the News, 16th December 2016

Posted on December 16, 2016

It has been a busy week with a large number of reports being featured on sites, including the recently released Upstream Investment Outlook and World Onshore Pipelines Market Forecast:    Douglas-Westwood’s World Onshore Pipelines Market Forecast 2017-2021  was released this week and a number of sites featured articles on it: “The World Onshore Pipelines Market…read more

Anticipated Recovery in Offshore Maintenance, Modifications and Operations expenditure to 2021

Posted on December 15, 2016

A sustained low oil price environment has led to a large number of delayed maintenance activities as operators continue to look to reduce costs wherever possible. The Offshore Maintenance, Modifications & Operations (MMO) market experienced a substantial fall of 22% in total expenditure between 2014 and 2015, and an additional 5% decline is projected by…read more

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