Westwood Global Energy | Upstream

South American focus for 2025 explorers, but concern flares over lack of global seismic data

Rig utilisation rate to near 100% in 2024 as drilling hotspots drive demand

Rigs and Vessels

Drilling rig newbuild drought could end as enquiries emerge

Rigs and Vessels

Africa’s upstream powerhouse predicted to fall short of production target

Sold out: Harsh environment semi-submersible rigs unavailable for the first time in almost a decade

Rigs and Vessels

No longer ‘a dirty word’: Oil and gas exploration gets its mojo back

Out of the doldrums: FLNG sector poised for $35 billion in contract awards

Buyer beware! Exploration often disappoints on farmed out acreage

Operators to increase capex in 2023 although some might exit upstream operations: Westwood

High-impact exploration delivers more than 9 billion boe: Westwood

Adnoc subsidiary to buy three new generation offshore rigs for $320 million

Rigs and Vessels

Floating offshore wind can achieve cost parity with fixed-bottom solutions by early 2030s: Equinor

Energy Transition

Offshore rig supply gets tighter, sold-out market emerging

Rigs and Vessels

Explorers aiming to find more for less as oil and gas enters a watershed year

Westwood sees oil and gas expanding its footprint in offshore wind

Energy Transition