May 16 2019 | News & Insight
PRESS RELEASE For immediate release According to fresh insights from newly enhanced intelligence platform, RigLogix (Aberdeen, UK) Thursday, 16th May 2019 – New insights into the offshore global rig market from research consultancy, Westwood Global Energy Group, reveal an acceleration in rig activity over the last 12 months, driving up rig rates in some areas […]
More »May 13 2019 | Westwood Insight
Momentum Returning to Rig Market Utilization – Are Dayrates Far Behind? With the global offshore rig market starting to show signs of picking up, there has been a great deal written about the offshore rig recovery, and while rig owners in a few regions are enjoying high utilization and the dayrate benefits that go along […]
More »May 8 2019 | Westwood Insight
Westwood has some exciting news for global offshore drilling rig intelligence… Following extensive client and industry consultations, data and interface developments and expansion of the offshore drilling rigs team at Westwood, we are delighted to announce the launch of a completely reimagined and rebuilt RigLogix platform
More »Apr 18 2019 | Westwood Insight
In the last Roundup before Easter, Terry Childs delves deeper into cold stacked offshore drilling rigs and give his view on SPS (special periodic surveys) dates and how many rigs are likely to be retired.
More »Apr 5 2019 | Westwood Insight
This week, Terry Childs speaks on the Asian jackup market, the global drillship fleet (1:31) and any changes in jackup backlogs (1:55)…
More »Apr 2 2019 | Westwood Insight
Consolidation and Rig ‘Recycling’ are at the Forefront of a Supply-Chain Response Commercial decision-making in offshore drilling companies is a tough challenge, involving not just ensuring safe, efficient, and continued operations in some incredibly challenging physical environments, but also taking a position on where the market may be in 3-4 years, a typical lead-time for […]
More »Mar 26 2019 | Westwood Insight
This week, Terry Childs speaks on the Asian jackup market, the global drillship fleet (1:31) and any changes in jackup backlogs (1:55)…
More »Mar 18 2019 | Westwood Insight
In our new and regular video updates, Head of RigLogix, Terry Childs comments on some of the recent offshore rig activity including; oversupply, regions to watch, rig attrition, utilisation and day rates.
More »Mar 3 2019 | Westwood Insight
Westwood’s Offshore Drilling Rigs Senior Analyst, Teresa Wilkie on what to expect from a changing Northwest Europe market following a change in the demand supply balance.
More »Feb 11 2019 | Westwood Insight
In the first few weeks of 2019 there have been four high impact discoveries of conventional oil and gas, finding 25% of the high impact volume discovered globally in the whole of 2018. One of these discoveries, Glengorm in the UK North Sea, is reported to be the biggest there since 2008. The second and […]
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