North Sea Market analyst notes ‘fall away’ in North Sea rig tendering activity on windfall tax ramp up 06/03/2023 By Hamish Penman A top rig market analyst has laid bare the impact of the UK Government’s windfall tax hike on the UK’s drilling sector.
Rigs & Vessels Offshore rig day rates heading for highest level in ‘almost a decade’ 17/05/2022 By Allister Thomas The offshore drilling rig market is “much tighter” than previously thought, according to new analysis, with some segments “nearly sold-out”.
Rigs & Vessels Westwood bolsters rig market capabilities with new senior appointment 31/03/2022 By Hamish Penman Leading energy consultancy Westwood Global Energy Group has appointed a new research director to its RigLogix team.
Coronavirus At $30 oil, offshore drillers may be out of options 20/03/2020By Terry Childs, head of RigLogix, Westwood Global Energy Group With the oil price crash and COVID-19, the near-term outlook for the offshore rig market is on a lot of minds.
Oil & Gas Analysts predict boost for offshore rig rates amid surge in activity 16/05/2019 By Allister Thomas Offshore rig rates are due to surge within two years as activity accelerates, according to new data.
Oil & Gas Westwood acquires offshore data services platform RigLogix 27/02/2018 By Allister Thomas Aberdeen-headquartered Westwood Global Energy Group has acquired a US premium offshore data service for an undisclosed fee.
