Page 5: of Offshore Energy Reporter Magazine (January 2015)

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Welcome to

Offshore Engineeing Reporter “Dramatic” is an understatement to aptly describe the energy

EIA’s Short Term Energy Outlook forecasts that the price plunge of 2H 2014. While there are precious few out- recent trends in the U.S. petroleum market will side the inner circle of political and corporate leaders who “ continue into 2015. Our forecasts expect domestic can within reason predict energy pricing for the coming fve crude production to average 9.42 million barrels years, the sustained low energy pricing level is sure to have a immediate and sustained impact on the people and compa- per day (10% above 2014), and net imports as a nies that serve this market.

share of domestic consumption to be 21%. Recent

Regardless of the market conditions or direction, Offshore declines in crude prices may affect our outlook.

Engineering Reporter is the new voice for and about the global offshore engineering market.

” - Adam Sieminski, Administrator, EIA, U.S. DOE

While the OER name may be new, its heritage in the world of B2B publishing has a long and distinguished history.

Published by New Wave Media (New York, NY), OER is the latest addition to a growing family of print and electronic titles serving the global commerical maritime, subsea, off- shore and energy markets.

The Grande Dame of this publishing family is Maritime

Reporter & Engineering News, the world’s largest circulation marine industry B2B publication, established in 1939 and entering its 76th year in continuous operation in 2015.

The philosophy behind OER is simple and consistent with its publishing pedigree: deliver insightful features, data, news and analysis to the largest independently audited cirulation of executives with decision making responsiblity and buying power.

In addition to the print title, OER is supported online and electronically at with a corre- sponding family of electronic media to serve most any need or taste. We, like our readers, are global and mobile, and whether you choose to receive your information in print, online, via your tablet or other mobile device, we will work 365/24/7 to ensure that your frst stop for offshore engineer- ing information is Offshore Engineering Reporter.

OFFSHORE ENGINEERING REPORTER is published bi-monthly, 6 times a year by New Wave Media, 118 East 25th Street, New York, N. Y. 10160-1062. The publisher assumes no responsibility for any misprints or claims and actions taken by advertisers.

The publisher reserves the right to refuse any advertising. Contents of this publication either in whole or in part may not be reproduced without the express permission of the publisher.


REPORTER, 850 Montauk Hwy. #867 Bayport, NY 11705.

OFFSHORE ENGINEERING REPORTER is published 6 times a year by New Wave Media. Periodicals Postage paid at New York, NY and additional mailing offces.

Gregory R. Trauthwein,

Editorial Director & Associate Publisher

OER |7

Offshore Energy Reporter

Offshore Energy Reporter magazine covers the world of offshore energy exploration, energy production and delivery of energy to market.