Mark Adeosun

Director – SubseaLogix & PlatformLogix Westwood Global Energy Group

Mark Adeosun is part of the analyst research team at Westwood Global Energy Group. Since joining the firm in 2013, Adeosun has authored several of the firm’s offshore industry market reports and is actively involved in conducting high-level research, data analysis and market modelling, with focus on offshore drilling, subsea vessels and subsea hardware installation activities. Adeosun holds a BSc degree in Geology and a Master’s degree from the University of South Wales in Geographic Information Systems.

Floating production systems

Record Levels of Floating Production System Throughput Capacity To Be Sanctioned

This year has seen the highest amount of capacity sanctioned since 2010.

December 8, 2022 • Mark Adeosun • Journal of Petroleum Technology
LNG

FLNG Outlook – Pioneering Export Facility Arrives; While Regasification Units Increase

Douglas Westwoods' world FLNG market forecast for the period 2016-2022. A stormy ride is expected for the LNG industry, as the fall in natural gas prices limits investment in capital-intensive liquefaction projects.

August 9, 2016 • Mark Adeosun • Oil and Gas Facilities
Protracted Low Oil Price Impacts Deepwater Expenditure

Continued suppression of global oil prices has questioned the viability of several large and ultradeepwater projects. Article covers Douglas-Westwood’s deepwater expenditure forecast for the 2016–2020 period, and the effect of reduced rig demand on deepwater Capex growth.

June 14, 2016 • Mark Adeosun • Oil and Gas Facilities
Offshore/subsea systems

Oversupply of Subsea Vessels To Continue Until Gradual Recovery in Operators' Spending

Douglas-Westwood (DW) expects the expenditure of subsea vessel operations to begin a gentle upswing after next year.

November 17, 2015 • Mark Adeosun • Oil and Gas Facilities
Business/economics

Despite Imminent Project Delays, Deepwater Spend To Total USD 210 Billion From 2015 to 2019

Operators have announced reduced budgets and delayed deepwater project sanctions. Despite these reductions, the long term outlook is for increased deepwater spending.

May 24, 2015 • Mark Adeosun • Oil and Gas Facilities