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Market Update
Reports provide forecasts and analysis of prospective
developments tracked on the Offshore Energy Database. Using the OED
for the base data the markets are modelled through OFFPEX providing
forecasts of units and capital expenditure over 5 and 10 year periods.
The robust nature of the model provides versatility allowing a variety
of views of the markets. This allows analysts and managers the opportunity
to assess markets with the confidence that
the data is:
- Thoroughly researched - each field is analysed
- Based on all available information
Each report is over 170 pages long with chapters concentrating on
regions and sectors. Providing information on countries, operators,
fields, The reports cover historical data from our comprehensive database
of fields, companies and contracts. The Forecast is our view of the
most likely development scenario for fields under development or due
to be developed in the period and the costs and scheduling associated
with them.
Due to the increased uncertainty associated with developments beyond
a five-year horizon, the terminology of prospects is used. Prospects
includes the latest available information on longer-term developments
beyond the forecast period to 2008. Whilst the period to 2012 is usually
modelled within the OFFPEX™ system it is better to view this
latter period as a trend indicator rather than a definitive statement
or forecast |
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Technology &
Players: The companion reports to the
Market Update reports are the Technology and Players series. These
reports use multiple inputs including OED and OFFPEX? to consider
the development of new technologies to the market and what impact
the major players have in the industry over the next five to ten year
periods. The reports will look at the
impacts of new enabling technology, such as mooring systems or DC-only
electric subsea trees or those technologies that offer product differential
in the market place, such as subsea processing, and will highlight
areas of opportunity.
Firms with Global presence will be analysed
in terms of what their perceived strategy is and how it will affect
the market. The reports will look at both operators and contractors
whom offer service or supply to the industry.
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