Press Releases from Douglas Westwood (1 total)
Latin America’s Deepwater Spend Forecast to Overtake Africa
*Strong growth in capital expenditure, with $232 billion to be spent in next five years*
*Africa and the Americas represent 72% of spend 2012-2016*
Speaking today at the SUT Learning Luncheon in Houston Steven Kopits, Douglas-Westwood Director, commented, “For oil companies the overall outlook for 2012 is positive. The longer-term outlook indicates that subsea, predominately deepwater; developments will continue to play a major part in the portfolios of the majors IOCs (such…