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 in the near-term, driven by projects sanctioned prior to the downturn. The long-term outlook presents a more positive view, featuring key growth opportunities in the energy sector.”
OilfieldTechnology.com 28/12/2016 (Part 1)
OilFieldTechnology.com 29/12/2016 (Part 2)
The recently released World Subsea Vessel Operations & Hardware Market Forecast 2017-2021 was also in the news this week:
“A new report by energy research and consulting service, Douglas-Westwood (DW), forecasts global subsea hardware & vessel operations expenditure to total $134 billion over 2017-2021 period.”
SubseaWorldNews.com 28/12/2016