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Douglas Westwood

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DW Spots Slowdown in Work-Class ROVs Utilisation

November 18, 2015

The global ROV market is anticipated to significantly contract in value terms in 2016 (-6.3%) and then plateau in 2017, due to the current oil price downturn, according to a provider of market research & consulting within energy industry, Douglas-Westwood (DW). In its latest ROV market forecast for the operation of work-class ROVs through to 2019, DW has highlighted… Continue Reading »

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Subsea Manufacturers Hit Less than Many by Oil Price Slump

October 10, 2015

Douglas Westwood (DW) reports that the oilfield equipment sector appears to be faring better, with average stock performance declining only 20%, compared to performance of major oilfield stocks which have suffered a 39% year-on-year drop. DW believes that exposure to multiple upstream segments has aided the majority of manufacturers, particularly those involved in subsea manufacturing…. Continue Reading »

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Douglas-Westwood: US Shale Gears Up for Price Recovery

April 7, 2015

Douglas-Westwood (DW), UK’s energy business strategy, research and commercial due-diligence services provider, commented on “U.S. Shale – Gearing up for a price recovery” in its latest edition of DW Monday. OPEC members (predominately Saudi Arabia) have traditionally been the only countries with the ability to ramp-up production through spare oil supply capacity. Nowadays, however, following… Continue Reading »

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DW: Subsea Processing In Peril?

January 1, 2015

Much of the recent commentary concerning the decline in oil prices has focused on US onshore production, specifically whether the continued extraction of unconventional resources is viable at current prices. Undoubtedly, this will be a key issue for the dynamics of global supply. However, Douglas-Westwood (DW) says, another consideration is the impact on deepwater production… Continue Reading »

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UK: Global AUV Fleet Set to Increase Substantially

February 27, 2012

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… Continue Reading »

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Autonomous Underwater Vehicle Market: $2.3B To 2019

January 4, 2010

Global expenditure on Autonomous Underwater Vehicles (AUVs) will total $2.3 billion over the next decade according to new research released today by business analysts, Douglas-Westwood. The company’s latest ground-breaking report, The World AUV Market Report 2010-2019, also highlights that that just under half of AUV expenditure between 2010 and 2019 ($1.1billion) will come from the… Continue Reading »

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Analyst: Deepwater spend will top US$160 billion

February 6, 2009

  CANTERBURY, ENGLAND — A study published today by energy business analysts Douglas-Westwood forecasts that the deepwater oil and gas sector will spend US$162 billion over the period 2009 to 2013. West Africa, the Gulf of Mexico and Brazil will account for about 75 percent of the global expenditure, according to the report. Commenting on the report, The… Continue Reading »

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