Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
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.
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:
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 CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Bucharest - April 28-30
Houston, TX - May 5-8
Savannah, GA - May 5-8
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.