The World Offshore Oil & Gas Spend Forecast 2007-2011

Aug. 2, 2007 - PRLog -- 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.

PRODUCTION FORECASTS

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.

EXPENDITURE FORECASTS

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 Smith’s other reports in the Douglas-Westwood ‘World’ series include ‘The  World Oil Supply Report’, ‘The World Gas Supply Report’ and ‘The World  Offshore Drilling Report’. All forecasts are derived from the Energyfiles database



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