Navi Mumbai, Maharashtra India (PressExposure) September 05, 2007 -- Bharat Book Bureau, a leading market information distributor has put forth a report - The World Offshore Oil & Gas Spend Forecast 2007-2011([http://www.bharatbook.com/detail.asp?id=30065])
The World Offshore Oil and Gas Forecast is a unique, wide-ranging and comprehensive study of the long term future for the global offshore oil and gas industry. This new study presents a detailed analysis of production capacity for every existing and potential offshore producing area in the world for each year through to 2011.
It combines primary data with a practical approach to the commercial realities in each region thus providing the only complete, long term outlook for offshore activity currently available. It is an invaluable business planning tool for gauging the future investment potential of individual countries and regions, and for helping producers and suppliers develop strategies for the future.
Offshore oil & gas fields are distributed across the world but just three regions - the North Sea, Gulf of Mexico and South China Sea - attract over 50% of spending. Yet relative shares are changing, with growth forecast everywhere except Western Europe. The report is unique in providing forecasts of annual oil and gas production additions for each offshore region. It quantifies oil and gas developments throughout the world, including the major new and expanding areas such as in the Caspian Sea, the Persian Gulf and Sakhalin Island.
DEEP WATER PRODUCTION & SPEND
The World Offshore Oil and Gas Forecast identifies the scale of opportunity and future potential for all offshore areas and subdivides these into shallow and deep waters. The huge transfer of expenditure from the traditional shallow water areas of the North Sea and Gulf of Mexico to the deepwaters of Brazil, the Gulf of Mexico, West Africa and elsewhere is clearly signposted.
The World Offshore Oil and Gas Forecast is the definitive study of the global offshore oil and gas market, unfolding the long term future in comprehensive detail. Capital and operational expenditure levels are charted & tabulated by region.
DR MICHAEL R. SMITH
With a long career in the international oil gas industry the author has been responsible for exploration and new venture management across the world. He is an acknowledged authority on global oil and gas production and future prospects. Dr Smithâs other reports in the Douglas-Westwood âWorldâ series include âThe World Oil Supply Reportâ, âThe World Gas Supply Reportâ and âThe World Offshore Drilling Reportâ. All forecasts are derived from the Energyfiles database.
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