Press Esc to close



For full content view: Log in Now!

  • Deepwater sector's growth will remain steady through 2010

    S. Robertson, G. MacFarlan and M. Smith

    Motivated by a shortage of onshore prospects, high commodity prices and good demand growth, operators continue to invest in high-cost deepwater projects. The World Deepwater Market Forecast, recently published by energy analysts Douglas-Westwood, forecasts continued growth in the deepwater sector, with annual expenditures reaching over $20 billion by 2010. In this article, the authors present the key findings of the study in conjunction with related information from The World Offshore Drilling Spend Forecast and The World Oil and Gas Forecast, both published by Douglas-Westwood in association with Energyfiles. INTO THE DEEP The underlying driver for all offshore activity is growth in global energy demand. For the medium term, at least, this means demand for hydrocarbons (mostly oil and gas). Over the long term, the trend toward increasing energy consumption is clear. Annual global energy consumption has more than tripled over the past 50 years...

This area of the site is restricted. In order to gain access, please either Log In, or subscribe to World Oil.

Two options are available to you for creating an account.

1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.

Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.

Free Trial

2. Purchase a subscription to World Oil magazine and gain immediate and complete access to World Oil Online. As a Total Access subscriber you will have access to all areas of the site available to registered users and free subscribers as well as having access to such premium content areas as:

  • The Archives section containing over ten years of complete magazine archives,
  • The WO DataHub's engineering tables and directories,
  • The World Oil annual forecasts, including past predictions,
  • Select World Oil technical handbooks,
  • And much, much more!


Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.

If you are already a paid subscriber and do not have access, please email



Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.


2013 Fracturing Technology

2013 Fracturing Technology