Westwood Energy Group


Access independent research, proprietary databases and analytical tools to inform decision making and for competitive advantage

At Westwood, we deliver essential industry research that is insightful, reliable, credible, relevant, and independent. Our research spans the global oil and gas exploration and production sector, and the supply chain, plus the offshore wind sector and is backed by a 20-year track record.

  • Access our research through a range of subscription services, publications, reports and analytical tools.
  • Be assured that you are using the best business intelligence in the market.
  • Benefit from proprietary databases, updated regularly to ensure relevance and reliability.
  • Interact with our expert analysts to discuss key trends and developments in their specialist fields.
Meet the team

Our research areas


Global Exploration and Appraisal


Northwest Europe Exploration and Production


Global Oilfield Services


North America and Unconventionals


Ten Lessons from a
Decade of Exploration

International conventional exploration over the last decade has been a rollercoaster ride.

Read more

Ten Lessons from a
Decade of Exploration

International conventional exploration over the last decade has been a rollercoaster ride.

Read more



  • Delivering commercial and technical consulting services for the global energy sector.


  • A world of insight and expertise at your fingertips.
  • World Deepwater Market Forecast 2018-2022

    Westwood expects global deepwater expenditure over 2018-2022 to total $136.8bn – a 4% decline compared to the 2013-2017 period. In 2017 we have seen an upturn in orders that is expected to extend into 2018, improving the outlook for installation spend throughout the remainder of the forecast period.

  • Upstream Investment Outlook 2018

    Westwood has launched the Upstream Investment Outlook to provide its independent view on the current, and future, state of the upstream oil & gas market – in order to educate investors and guide businesses through the coming months and years.

  • World Drilling & Production Market Forecast 2018-2024 Q1

    Based on detailed models, the report examines each country in turn and includes a summary of hydrocarbon potential and sensitised production outlook, with associated development drilling requirements segmented into oil & gas for the onshore sector and shallow vs. deep water depths for the offshore sector. Country-by-country exploration and appraisal (E&A) drilling forecasts for both the onshore and offshore sectors are also detailed.

  • US Drilling & Completion Market Forecast Q1 2018

    Examining six of the key US unconventional basins and drawing from extensive data and expertise from Westwood’s latest acquisition, Energent Group, the US Drilling & Completion Market Forecast is an invaluable guide to the future prospects for one of the hottest areas of global activity at present.

  • World Offshore Wind Market Forecast 2017-2026 Q4

    Westwood’s report features an in-depth Capex analysis, including component breakdown and country-specific commentary, reflecting on announced renewables obligations. Tracking the industry on a project by project basis, Westwood offers a comprehensive view on the significant opportunities for the wind supply chain over the next decade. Given the increased focus on renewables, the industry will continue to attract investment from utilities and large engineering and service contractors, as well as upstream oil and gas companies.

  • World Subsea Vessel Operations & Hardware Market Forecast 2018-2022

    Westwood’s World Subsea Vessel Operations & Hardware Market Forecast analyses the factors influencing the global subsea market, with detailed insight on both the subsea hardware and vessel operations demand and supply trends. Hardware expenditure, vessel-day demand and expenditure are analysed, with commentary on segmented regional outputs.

  • World Oilfield Equipment Market Forecast 2017-2021 Q4

    Westwood’s World Oilfield Equipment Market Forecast Q4 2017-2021 shows continued troubles in the oilfield equipment sector, with global expenditure expected to total $608bn over the forecast period. However, global sentiments appear to be improving despite a slowing in US onshore rig counts in recent months.

  • World Drilling & Well Services Market Forecast 2017-2021 Q4

    Westwood Global Energy Group’s World Drilling & Well Services Market Forecast – previously known as the World Oilfield Services Market Forecast – presents the latest view on prospects for one of the largest areas of total oilfield services expenditure. Total expenditure is now expected to amount to $1,103bn over the 2017-2021 forecast period.

  • World Offshore Helicopters Market Forecast 2018-2022

    This 4th edition of the World Offshore Helicopters Market Forecast analyses the demand and supply for offshore helicopter support services across the oil & gas and offshore wind sectors. Presenting a ‘bottom-up’ (asset-by-asset) analysis of the sector with extensive industry interviews with helicopter manufacturers, owners, managers, operators and leasing contractors to give a complete evaluation of current sector activity and expected development of the market.