Summary

This report draws on our 2017 and 2018 Global Wealth Managers Surveys to analyze the drivers behind offshore investments in the HNW space. It examines and contrasts HNW offshore investment preferences across 24 jurisdictions, providing readers with an in-depth understanding of what is motivating HNW investors to look for new homes for their wealth.

The proportion of HNW individuals who invest offshore has been on the rise despite the scandals that have shaken the industry. While the reasons are diverse and differ from country to country, global diversification benefits and tax efficiencies top the list. This suggests that assisting HNW investors in minimizing their tax liabilities is key. However, it is important to realize that the boundaries between tax evasion and tax avoidance are becoming increasingly blurry. The days of secrecy and illicit structures have passed, and providers need to ensure they are well equipped to conduct their due diligence and provide sound advice spanning multiple jurisdictions. Avoiding the reputational and financial damag...

Summary

US Offshore Deepwater Gulf of Mexico Mad Dog Phase 2 Project Panorama, GlobalData’s latest release, presents a comprehensive overview of the asset. This upstream report includes detailed qualitative and quantitative information on the asset, provides a full economic assessment and reflects several parameters including (but not limited to) geological profile, asset development and specific challenges. Based on this analysis, future outlook for the asset is presented with possible trends and related scenarios identifying upside/downside potential.

Scope

- Overview of the asset based on an analysis of the economic indicators
- Key financial indicators including Net Present Value and Internal Rate of Return
- Review of factors affecting the economic outcome of the field including development overview, geology, challenges, reserves and production with qualitative perspective on of the overall assets life with GlobalData’s analysis on the asset’s future outlook
- Detailed production profile for the asset, giving annual output rat...

Summary

At a global level, 18.7% of HNW wealth is invested outside one’s country of residence. Almost a quarter of these assets are offshored for general geographic diversification reasons, making it the most important driver. Access to better investment options ranks second, followed by tax efficiencies. Strong market volatility in many parts of the world is also motivating investors to seek better returns abroad. Yet there are notable regional differences, and wealth managers that fail to understand the drivers that motivate HNW investors in a particular country to offshore wealth will have little success growing their offshore book.

This report draws on our 2016 Global Wealth Managers Survey to analyze the drivers behind offshore investments in the HNW space. It examines and contrasts HNW offshore investment preferences across 17 jurisdictions, providing readers with an in-depth understanding of what is motivating HNW investors to look for new homes for their wealth -
- Understand the global trends that are driving offshore investments in the HNW spac...

Summary

Globally, a total of 279 key planned offshore crude and natural gas projects are expected to start operations in 46 countries. They are expected to contribute around 6,990 mbd to global crude production and about 48 bcfd to global gas production in 2025. Among countries, the highest capex spending is expected to be majorly contributed by Brazil, Mozambique, and the US. About US$586 billion is expected to be spent between 2017 and 2025 to bring the planned projects online. Among companies, Petroleo Brasileiro S.A. would be the highest capex spending company followed by Eni S.p.A. and Royal Dutch Shell plc.

Scope

- Oil and gas production outlook by key countries and companies in the global offshore industry up to 2025
- Planned projects count and starts by key countries and companies in the industry
- Details of key planned crude and natural gas projects in the global offshore industry
- Capex and opex outlook by key countries and companies in the industry

Reasons to buy

- Understand oil and gas production outl...

Summary

US Offshore Deepwater Gulf of Mexico Son of Bluto 2 Project Panorama, GlobalData’s latest release, presents a comprehensive overview of the asset. This upstream report includes detailed qualitative and quantitative information on the asset, provides a full economic assessment and reflects several parameters including (but not limited to) geological profile, asset development and specific challenges. Based on this analysis, future outlook for the asset is presented with possible trends and related scenarios identifying upside/downside potential.

Scope

- Overview of the asset based on an analysis of the economic indicators
- Key financial indicators including Net Present Value and Internal Rate of Return
- Review of factors affecting the economic outcome of the field including development overview, geology, challenges, reserves and production with qualitative perspective on of the overall assets life with GlobalData’s analysis on the asset’s future outlook
- Detailed production profile for the asset, giving annual output rate...

Summary

US Offshore Deepwater Gulf of Mexico Marmalard Project Panorama, GlobalData’s latest release, presents a comprehensive overview of the asset. This upstream report includes detailed qualitative and quantitative information on the asset, provides a full economic assessment and reflects several parameters including (but not limited to) geological profile, asset development and specific challenges. Based on this analysis, future outlook for the asset is presented with possible trends and related scenarios identifying upside/downside potential.

Scope

- Overview of the asset based on an analysis of the economic indicators
- Key financial indicators including Net Present Value and Internal Rate of Return
- Review of factors affecting the economic outcome of the field including development overview, geology, challenges, reserves and production with qualitative perspective on of the overall assets life with GlobalData’s analysis on the asset’s future outlook
- Detailed production profile for the asset, giving annual output rates for...

Summary

A total of 239 offshore oil and gas projects are expected to contribute 6.7 million barrels of oil per day to global crude production and 36.6 billion cubic feet per day of natural gas to global gas production in 2025. Of the 239 planned projects, Brazil has the highest planned projects at 39, followed by the UK and the US at 29 and 18 respectively. An estimated capex of US$692.6 billion is expected to be spent to bring these projects online, of which about 70% could be spent during 2016 to 2025. Among companies, Petroleo Brasileiro S.A will have the highest capex spending and planned production in the global offshore industry during 2016 to 2025.

Scope

- Oil and gas production outlook by key countries and companies in the global offshore industry up to 2025
- Planned projects count and starts by key countries and companies in the industry
- Details of key planned crude and natural gas projects in the global offshore industry
- Capex and opex outlook by key countries and companies in the industry

Reasons to buy
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