Nascent oil recovery still fragile, Westwood Global says
Steady oil prices
Westwood Global Energy Group
Strong growth expected for US onshore market over next five years, Westwood says
The US onshore market is set for a period of strong growth with spending totalling $554billion expected through 2022, according to a new report from an energy consultancy.
North Sea drilling failures show explorers suffered ‘collective brain freeze’, analyst says
UK North Sea oil explorers may have suffered “collective brain freeze” when coming up with their ambitious 2017 drilling targets, an analyst has said.
Will Trump’s commitment to oil and gas affect US windfarm growth?
In light of recent comments regarding the US President’s focus on America’s oil and gas production and the desire to stoke the flames of the coal industry, Westwood Global Energy Group’s (WGEG’s) World Offshore Wind Market Forecast 2017-2026 decided to explore whether a Trump presidency is good or bad for the USA’s offshore wind industry.
Fewer but better: Exploration drilling so far in 2017
Fewer exploration wells were drilled in the first half of 2017, but commercial success rates were up, an analyst has said.
Election shows politicians taking decommissioning seriously, analyst says
The UK general election showed attitudes to decommissioning are “changing for the better”, an analyst has said.
Westwood: Is UK exploration drilling set for renaissance or are targets unrealistic?
Optimism is returning to North Sea exploration, though estimates for this year’s drilling targets could be unrealistic, an oil sector analyst has said.
New report says global exploration recovering from its ‘nadir’
Stability and a slow recovery during 2017 may consign last year to the history books as a “nadir” for conventional global oil and gas exploration, an Aberdeen-based energy research consultancy said yesterday.
Well numbers sink to 9-year low in 2016, but commercial success rates pick up
Well numbers and discovered volumes fell to a nine-year low in 2016, but success rates increased by 35% and further growth is expected this year, a new report said.
Westwood Global snaps up US market researcher
An Aberdeen-based group of energy consultancy firms has kicked off its expansion drive with the acquisition of a US firm.
ESIA re-launches as Westwood Global Energy Group
A group of energy research and consulting companies that includes Douglas Westwood has been renamed and reorganised.