Search results for: Westwood Global Energy

119417 results

A list of search results

  • 21 April 2020
    Exploration & Production, Infrastructure, Market outlooks, Outlook & strategy

    Exploration plans are being redrawn and the well count is expected to drop by as much as 35 per cent on 2019 levels due to the “double whammy” of the oil price collapse and COVID-19 pandemic, according to market research provider Westwood Global Energy Group.

  • 28 February 2018
    Business & Finance, Equipment, Exploration & Production

    Oil and gas industry intelligence group Westwood has acquired RigLogix, an offshore rig market data specialist, from DHI Group, Inc (NYSE: DHX). Andrew Reid, CEO of Westwood Global Energy Group said on Wednesday: “With the acquisition of RigLogix we inherit a strong, global team and capability, which is highly complementary to the wider Westwood Group […]

  • 26 September 2017
    Business & Finance, Equipment, Operations & Maintenance

    The results from the latest analysis by Westwood Global Energy shows that the market is starting to emerge from a cyclical downturn that has seen activity fall 36% and expenditure nearly halved. The work-class ROV (WROV) market is driven by drill-support, field construction and IRM activities offshore. Intense competition amid lower activity levels has depressed […]

  • 17 July 2017
    Business & Finance

    Despite President Donald Trump’s pro-oil and gas stance and his decision to leave the Paris Climate Accord, there are some positive signs that US offshore wind is gaining momentum, Westwood Global Energy Group writes.

  • 24 July 2019
    Exploration & Production

    The U.S. Gulf of Mexico drillship market is currently in quite an enviable position, according to market research provider Westwood Global Energy Group.  

  • 10 January 2020

    The energy transition and extinction rebellion led the energy news agenda and discussions in company boardrooms in 2019, but the impact on exploration drilling is not yet apparent, according to market research provider Westwood Global Energy Group.

  • 14 February 2020

    Significant cost reductions have improved E&P cashflows and should drive increased offshore tendering activity in 2020 with pricing expected to remain competitive, according to market research provider Westwood Global Energy Group.

  • 20 July 2018

    Westwood: FLNG Capex is projected to total USD 52.8 billion over the 2019-2024 period.

  • 16 July 2019

    A new study by Westwood Global Energy Group shows that new entrant E&P companies to the UKCS since 2008 now control 46% of production, 39% of reserves and 64% of potentially commercial volumes yet to be developed.

  • 8 August 2017
    Business & Finance

    The growth of liquefied natural gas (LNG) carriers over the past decade has been synonymous with the growth in global LNG import and export capacity. However, in recent years the increase in LNG cargoes hitting the market has led to an oversupply problem, causing a significant decline in LNG spot prices, according to Westwood Global Energy Group. […]

  • 6 June 2019

    Exploration performance in Norway has dropped significantly in the last five years, reflecting a deterioration of quality of the prospect portfolio. Despite this, a dramatic increase in high impact drilling is planned for 2019 – results will be a key test of Norway’s ability to sustain exploration into the future, according to market research provider Westwood Global Energy Group. 

  • 1 October 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Subsea World News has put together a recap of the most interesting articles from the previous week (September 25 – October 01). TechnipFMC has been awarded by Statoil an engineering, procurement, construction and installation contract. It covers the execution of the subsea pipeline connection for the new production platform in Peregrino Phase II Project, located […]

  • 14 August 2019

    High-impact exploration drilling activity increased substantially in the first half of 2019 with 51 exploration wells completed, compared to 36 in the same period in 2018, according to Westwood.

  • 7 December 2015

    Energy Software Intelligence Analytics (ESIA) has announced the completion of the acquisition of Douglas-Westwood Limited. According to ESIA, the acquisition of Douglas-Westwood represents ESIA’s next step in delivering a growth strategy for the company that includes a mix of new product development and acquisitions. ESIA says that the addition of the consulting and analytical services […]

  • 27 February 2012
    Business & Finance, Research & Development

    The global AUV fleet is increasing and demand for autonomous underwater vehicles is expected to show steady growth over the period to 2016 according to a new report by Douglas-Westwood. Report author Paul Newman commented, “Many of the factors in the drive to using unmanned military aircraft, the so-called ‘drones’ also apply to both military […]

  • 6 August 2015
    Business & Finance

    Exploration research & analytics company Hannon Westwood has completed the acquisition of Novas Consulting Limited, a provider of technical consultancy support to the energy industry, for an undisclosed sum.  Hannon Westwood said that, following the investment by energy specialist private equity company Energy Ventures in January 2015,  it has been looking to expand on its energy business intelligence […]

  • 16 May 2013

      Energy advisors, Douglas-Westwood, will be presenting at All-Energy 2013, in Aberdeen, May 22nd. Frank Wright, Renewable Energy Manager, will be outlining findings of the soon to be released Offshore Wind Market Forecast, giving a global overview of the industry through to 2022. Mr. Wright will be providing a global overview of the offshore wind […]

  • 16 May 2013

      Energy advisors, Douglas-Westwood, will be presenting at All-Energy 2013, in Aberdeen, May 22nd. Frank Wright, Renewable Energy Manager, will be outlining findings of the soon to be released Offshore Wind Market Forecast, giving a global overview of the industry through to 2022. Mr. Wright will be providing a global overview of the offshore wind […]

  • 11 October 2012
    Business & Finance

    Mr. John Westwood, a globally-renowned commentator on the energy industries and currently Group Chairman of energy business advisory firm, Douglas-Westwood Ltd, will be presenting the Plenary Keynote at the OSEA2012 International Conference on 27 November 2012 at the Marina Bay Sands, Singapore. Focusing on the offshore industry, Mr. Westwood will impart his insights on the […]

  • 18 December 2017

    Global high-impact exploration in 2017 is expected to match 2016 in both activity and success rates, and with a marked improvement in commercial oil volumes discovered and lower finding costs, Westwood, an energy intelligence group, said in a report on Monday. In 2018, Westwood expects 70 high-impact wells will be drilled. Westwood defines high-impact conventional […]

  • 24 February 2017
    Business & Finance

    Subsea cable demand will grow at a compound annual growth rate (CAGR) of 7% over the 2017-2021 period, with the offshore wind sector driving the market demand, according to this year’s first issue of Douglas-Westwood’s biannual Subsea Cable Tracker report.

  • 14 September 2015

    As the year approaches the fourth quarter, many industry observers are dusting off their forecasts for 2016 and re-thinking, Douglas-Westwood, an energy intelligence group, has said in its DW Monday report.  Last week, HSBC lowered its oil price outlook to $60/bbl for 2016. The EIA, in its latest Short Term Energy Outlook also revised its 2016 […]