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Westwood Global Energy Group

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uuid0008vso

Namestring
Westwood Global Energy Group
Legal namestring
Westwood Global Energy Limited
Company typeenum
Private
Founded yearint
2015
Descriptiontext

Westwood Global Energy Group is a UK-headquartered, PE-backed subscription market intelligence and research-led consultancy serving the global energy industry. Founded in 2015 by EV Private Equity through the consolidation of four legacy energy research brands (Douglas Westwood, Hannon Westwood, Richmond Energy Partners, Novas Consulting) and further expanded via the 2017 acquisition of Energent Group and the 2018 acquisition of RigLogix, the firm operates a portfolio of 10+ proprietary intelligence platforms covering upstream oil & gas exploration and production (Wildcat, Atlas), offshore energy services (RigLogix, SubseaLogix, PlatformLogix, MarineLogix), onshore energy services (Global Land Rigs), and energy transition (WindLogix, Atlas New Energies, Hydrogen). Each platform provides subscription-based access to proprietary databases tracking tens of thousands of entities — rigs, wells, vessels, subsea fields, fixed and floating platforms, offshore wind projects — augmented by expert analyst commentary and bespoke research.

The business operates on three revenue streams: recurring subscription fees for its proprietary intelligence platforms (quote-based enterprise pricing, annual billing cadence), bespoke one-off reporting and analytics engagements, and a consulting practice that has supported more than $10 billion of M&A and debt-raising activity across oil & gas and renewables. Go-to-market is sales-led enterprise field sales with regional account managers across EMEA (Aberdeen HQ, London), the Americas (Delaware, Texas), and Asia Pacific (Singapore regional HQ). Customers span upstream operators, OFS contractors, financial institutions, government and industry bodies, and emerging energy transition companies — with marquee logos including INEOS and the Norwegian Petroleum Directorate and penetration metrics of 9-of-10 top global explorers (Wildcat) and 6-of-10 top UK reserve holders (Atlas).

The technology core is proprietary data engineering: MarineLogix, for example, processes AIS vessel tracking data through proprietary methodologies for consistent activity measurement, while the OffshoreLogix environment links rigs, subsea equipment, production platforms, vessels, and offshore wind projects into a single supply-chain view. Leadership combines energy domain veterans from BP, Total, Eni, Maersk Oil, Apache, and Wood Mackenzie with technology leadership from ODS-Petrodata/IHS Markit alumni, positioning the firm as a human-curated intelligence layer on top of deep proprietary datasets rather than an AI-native analytics provider.

Short descriptiontext

Westwood Global Energy Group is a PE-backed UK-based provider of subscription-based market intelligence platforms, bespoke research, and commercial advisory services spanning upstream oil & gas, offshore and onshore energy services, and energy transition, serving enterprise clients globally.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
energy market intelligence, rig and well data, energy consulting, oilfield services research, renewable energy data
Industry2 codes
1Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal)
CodeEUAEAMABPrimaryYes
2Energy Systems & Power Engineering Consulting
CodeBPAHAIAGPrimaryNo
NAICS code1 code
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services518
SIC code1 code
  • Oil & Gas Field Exploration Services1382
Product category
Energy Market Intelligence
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Subscription-Based Data Services
TypeSubscription Recurring
Description

The company provides subscription-based data services through online intelligence platforms including RigLogix, SubseaLogix, WindLogix, MarineLogix, PlatformLogix, Atlas, Global Land Rigs, Wildcat, and Hydrogen. Clients pay recurring subscription fees for access to proprietary databases, analytics tools, and research reports.

westwoodenergy.com
2Bespoke Reporting
TypeOne Time License
Description

Customized market intelligence reports and analysis tailored to specific client requirements, complementing the standard subscription products.

westwoodenergy.com
3Energy Consulting Services
TypeProfessional Services
Description

Commercial and strategic advisory services to energy corporates, industry bodies and the global financial community. Services include market reviews, competitive analysis, M&A support, and strategic planning across oil and gas and energy transition sectors.

westwoodenergy.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Pricing details1 tier
1Subscription-based access to proprietary intelligence platforms
ModelSubscriptionBilling cadenceAnnual
Notes

Quote-based pricing not publicly disclosed. Clients contact sales team for platform access and pricing information.

westwoodenergy.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 12 records shown
1Wildcat
Description

Integrated business intelligence service comprising comprehensive global database of high impact exploration wells, analytical tools and expert research reports for global exploration industry performance.

westwoodenergy.com
+11 more records
Core offering1 text field

Westwood Global Energy Group provides subscription-based market intelligence platforms, bespoke research reports, and management consulting services focused on the global energy industry. Their offerings span upstream oil and gas, offshore wind, subsea, marine, hydrogen, and decommissioning sectors, delivered through proprietary data platforms and expert analyst advisory services.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Nine of ten most active global explorers rely on Wildcat
+3 more records
Product overview1 text field

Westwood Global Energy Group operates as a subscription-based data services and market intelligence company offering a suite of specialized products and consulting services across four main sectors: upstream oil and gas exploration and production, energy transition (including offshore wind, hydrogen, CCUS, and climate/emissions), offshore energy services, and onshore energy services. The product portfolio includes the following named offerings: Atlas (upstream oil and gas intelligence for Northwest Europe), Atlas New Energies (energy clusters, offshore wind, hydrogen, CCS in UK/Norway), Atlas Decom (decommissioning activity), Global Land Rigs (onshore drilling fleet intelligence), PlatformLogix (fixed and floating production facilities), RigLogix (offshore rig intelligence), SubseaLogix (subsea fields and equipment), WindLogix (offshore wind and power sectors), Wildcat (global exploration wells and assets database), MarineLogix (offshore vessel fleet intelligence), and Hydrogen (hydrogen market intelligence). These products provide data-driven insights, analytical tools, and expert research to help clients improve business decision-making.

Product and service12 records
1Atlas
CategoryEnergy Market Intelligence
2Atlas New Energies
CategoryEnergy Market Intelligence
3Atlas Decom
CategoryEnergy Market Intelligence
4Global Land Rigs
CategoryRig and Well Data
5PlatformLogix
CategoryRig and Well Data
6RigLogix
CategoryRig and Well Data
7SubseaLogix
CategoryEnergy Market Intelligence
8WindLogix
CategoryRenewable Energy Data
9Wildcat
CategoryEnergy Market Intelligence
10MarineLogix
CategoryEnergy Market Intelligence
11Hydrogen
CategoryEnergy Market Intelligence
12Management Consulting Services
CategoryConsulting Services
Scale indicator17 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Wood Mackenzie (now part of Verisk) is a global energy research and consulting firm offering subscription data, bespoke analysis and advisory services to E&P, OFS and financial clients across oil and gas, renewables and energy transition — directly comparable to Westwood's upstream, offshore and energy-transition intelligence offering, but at much greater scale.

TypeDirect peer
Description

Rystad Energy is a privately held Norwegian energy research firm providing subscription databases, analytics and consulting across upstream oil and gas, offshore services and energy transition — closely comparable to Westwood in product mix (rigs, subsea, offshore wind, CCS) and customer base (E&P, OFS, investors), though with a larger headcount.

TypeDirect peer
Description

Esgian is a specialist offshore rig intelligence and offshore-energy market research provider — a direct competitor to Westwood's RigLogix platform, with overlapping customer bases across E&P companies, rig contractors, OFS firms and financial advisors in the offshore drilling segment.

TypeBroad incumbent
Description

S&P Global Commodity Insights (incorporating Platts, IHS Energy, ODS-Petrodata and RigLogix predecessors) is a broad incumbent offering energy data, analytics, benchmarks and research across oil, gas, power, renewables and commodities — overlapping with Westwood's coverage but at vastly greater scale and product breadth.

TypeBroad incumbent
Description

Argus Media is an independent commodity intelligence provider with subscription pricing benchmarks, market reports and conferences spanning oil, gas, LNG, hydrogen, renewables and petrochemicals — comparable to Westwood in B2B subscription intelligence model and customer base, though more focused on price assessment than field-level data.

TypeBroad incumbent
Description

ICIS, part of RELX, provides subscription market intelligence, pricing and analytics across petrochemicals, energy and renewables — comparable to Westwood in subscription intelligence model and energy-transition coverage, though more focused on chemicals and downstream than upstream E&P.

TypeBroad incumbent
Description

BloombergNEF provides subscription research and data across energy transition, power, renewables, hydrogen, CCUS and clean transport — comparable to Westwood's Atlas New Energies and Hydrogen product lines, but with a much broader macro-energy-transition scope and stronger investor/financial-institution orientation.

TypeEmerging player
Description

Kpler is a fast-growing data and analytics platform focused on commodity flows across energy, metals and agricultural markets — comparable to Westwood in subscription data model and energy-sector customer base, but differentiated by its trade-flow analytics versus Westwood's rig/subsea/field-level asset intelligence.

TypeEmerging player
Description

Vortexa provides real-time global energy and freight analytics using AIS and satellite data — comparable to Westwood's MarineLogix platform (which also uses AIS) and to its broader data-driven approach for energy market participants, though more focused on crude/products/LNG cargo flows than on rigs and subsea.

TypeRegional player
Description

Interfax Global Energy provides subscription news, data and analytics on Russian/CIS, Central Asian and emerging-market oil, gas and power sectors — partially comparable to Westwood's upstream intelligence products, but focused on different geographies and shorter on rig/subsea/field-level databases.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers9 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries10 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Westwood Global Energy Group

Energy Market Intelligencewestwoodenergy.com

Westwood Global Energy Group is a PE-backed UK-based provider of subscription-based market intelligence platforms, bespoke research, and commercial advisory services spanning upstream oil & gas, offshore and onshore energy services, and energy transition, serving enterprise clients globally.

What Westwood Global Energy Group does

Westwood Global Energy Group is a UK-headquartered, PE-backed subscription market intelligence and research-led consultancy serving the global energy industry. Founded in 2015 by EV Private Equity through the consolidation of four legacy energy research brands (Douglas Westwood, Hannon Westwood, Richmond Energy Partners, Novas Consulting) and further expanded via the 2017 acquisition of Energent Group and the 2018 acquisition of RigLogix, the firm operates a portfolio of 10+ proprietary intelligence platforms covering upstream oil & gas exploration and production (Wildcat, Atlas), offshore energy services (RigLogix, SubseaLogix, PlatformLogix, MarineLogix), onshore energy services (Global Land Rigs), and energy transition (WindLogix, Atlas New Energies, Hydrogen). Each platform provides subscription-based access to proprietary databases tracking tens of thousands of entities — rigs, wells, vessels, subsea fields, fixed and floating platforms, offshore wind projects — augmented by expert analyst commentary and bespoke research.

The business operates on three revenue streams: recurring subscription fees for its proprietary intelligence platforms (quote-based enterprise pricing, annual billing cadence), bespoke one-off reporting and analytics engagements, and a consulting practice that has supported more than $10 billion of M&A and debt-raising activity across oil & gas and renewables. Go-to-market is sales-led enterprise field sales with regional account managers across EMEA (Aberdeen HQ, London), the Americas (Delaware, Texas), and Asia Pacific (Singapore regional HQ). Customers span upstream operators, OFS contractors, financial institutions, government and industry bodies, and emerging energy transition companies — with marquee logos including INEOS and the Norwegian Petroleum Directorate and penetration metrics of 9-of-10 top global explorers (Wildcat) and 6-of-10 top UK reserve holders (Atlas).

The technology core is proprietary data engineering: MarineLogix, for example, processes AIS vessel tracking data through proprietary methodologies for consistent activity measurement, while the OffshoreLogix environment links rigs, subsea equipment, production platforms, vessels, and offshore wind projects into a single supply-chain view. Leadership combines energy domain veterans from BP, Total, Eni, Maersk Oil, Apache, and Wood Mackenzie with technology leadership from ODS-Petrodata/IHS Markit alumni, positioning the firm as a human-curated intelligence layer on top of deep proprietary datasets rather than an AI-native analytics provider.

Westwood Global Energy Group firmographics

Firmographics
Name
Westwood Global Energy Group
Legal name
Westwood Global Energy Limited
Website
https://westwoodenergy.com
Company type
Private
Founded year
2015
Operating status
Operating
Headcount range
51–100 employees
Short description
Westwood Global Energy Group is a PE-backed UK-based provider of subscription-based market intelligence platforms, bespoke research, and commercial advisory services spanning upstream oil & gas, offshore and onshore energy services, and energy transition, serving enterprise clients globally.
Ownership category
akta.pro rank

Westwood Global Energy Group industry classification

Industry
Product category
Energy Market Intelligence
NAICS
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
SIC
Oil & Gas Field Exploration Services (1382)
akta.pro primary industry
Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB)
akta.pro secondary industry
Energy Systems & Power Engineering Consulting (BPAHAIAG)

Keywords

  • Energy market intelligence
  • Rig and well data
  • Energy consulting
  • Oilfield services research
  • Renewable energy data

Where Westwood Global Energy Group is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Offices4 records

Markets served

Westwood Global Energy Group business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Subscription-Based Data Services: The company provides subscription-based data services through online intelligence platforms including RigLogix, SubseaLogix, WindLogix, MarineLogix, PlatformLogix, Atlas, Global Land Rigs, Wildcat, and Hydrogen. Clients pay recurring subscription fees for access to proprietary databases, analytics tools, and research reports.
  2. Bespoke Reporting: Customized market intelligence reports and analysis tailored to specific client requirements, complementing the standard subscription products.
  3. Energy Consulting Services: Commercial and strategic advisory services to energy corporates, industry bodies and the global financial community. Services include market reviews, competitive analysis, M&A support, and strategic planning across oil and gas and energy transition sectors.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualSubscription-based access to proprietary intelligence platforms

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Westwood Global Energy Group product offering

Product offering

Core offering

Westwood Global Energy Group provides subscription-based market intelligence platforms, bespoke research reports, and management consulting services focused on the global energy industry. Their offerings span upstream oil and gas, offshore wind, subsea, marine, hydrogen, and decommissioning sectors, delivered through proprietary data platforms and expert analyst advisory services.

Product overview

Westwood Global Energy Group operates as a subscription-based data services and market intelligence company offering a suite of specialized products and consulting services across four main sectors: upstream oil and gas exploration and production, energy transition (including offshore wind, hydrogen, CCUS, and climate/emissions), offshore energy services, and onshore energy services. The product portfolio includes the following named offerings: Atlas (upstream oil and gas intelligence for Northwest Europe), Atlas New Energies (energy clusters, offshore wind, hydrogen, CCS in UK/Norway), Atlas Decom (decommissioning activity), Global Land Rigs (onshore drilling fleet intelligence), PlatformLogix (fixed and floating production facilities), RigLogix (offshore rig intelligence), SubseaLogix (subsea fields and equipment), WindLogix (offshore wind and power sectors), Wildcat (global exploration wells and assets database), MarineLogix (offshore vessel fleet intelligence), and Hydrogen (hydrogen market intelligence). These products provide data-driven insights, analytical tools, and expert research to help clients improve business decision-making.

Differentiator

Problem solved

Functional benefit

Brands

  • Wildcat: Integrated business intelligence service comprising comprehensive global database of high impact exploration wells, analytical tools and expert research reports for global exploration industry performance.
  • Atlas
  • Atlas New Energies
  • Global Land Rigs
  • MarineLogix
  • PlatformLogix
  • RigLogix
  • SubseaLogix
  • WindLogix
  • Hydrogen
  • Atlas Decom
  • Atlas New Energies

Products and services

  • Atlas
  • Atlas New Energies
  • Atlas Decom
  • Global Land Rigs
  • PlatformLogix
  • RigLogix
  • SubseaLogix
  • WindLogix
  • Wildcat
  • MarineLogix
  • Hydrogen
  • Management Consulting Services

Quantifiable outcome

  • Nine of ten most active global explorers rely on Wildcat
  • +3 more outcomes

Companies that use Westwood Global Energy Group

Customer profile

Named customers9 records

Segments6 records

Ideal customer profiles2 records

Westwood Global Energy Group technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature8 records

Westwood Global Energy Group partnerships and signals

Strategic signal

Scale indicators17 records

Recent moves6 records

Expansion highlights5 records

Westwood Global Energy Group competitors and assessment

Company assessment

Direct peers

  • Wood Mackenzie: Wood Mackenzie (now part of Verisk) is a global energy research and consulting firm offering subscription data, bespoke analysis and advisory services to E&P, OFS and financial clients across oil and gas, renewables and energy transition — directly comparable to Westwood's upstream, offshore and energy-transition intelligence offering, but at much greater scale.
  • Rystad Energy: Rystad Energy is a privately held Norwegian energy research firm providing subscription databases, analytics and consulting across upstream oil and gas, offshore services and energy transition — closely comparable to Westwood in product mix (rigs, subsea, offshore wind, CCS) and customer base (E&P, OFS, investors), though with a larger headcount.
  • Esgian (formerly Bassoe Offshore): Esgian is a specialist offshore rig intelligence and offshore-energy market research provider — a direct competitor to Westwood's RigLogix platform, with overlapping customer bases across E&P companies, rig contractors, OFS firms and financial advisors in the offshore drilling segment.

Broad incumbents

  • S&P Global Commodity Insights: S&P Global Commodity Insights (incorporating Platts, IHS Energy, ODS-Petrodata and RigLogix predecessors) is a broad incumbent offering energy data, analytics, benchmarks and research across oil, gas, power, renewables and commodities — overlapping with Westwood's coverage but at vastly greater scale and product breadth.
  • Argus Media: Argus Media is an independent commodity intelligence provider with subscription pricing benchmarks, market reports and conferences spanning oil, gas, LNG, hydrogen, renewables and petrochemicals — comparable to Westwood in B2B subscription intelligence model and customer base, though more focused on price assessment than field-level data.
  • ICIS (RELX): ICIS, part of RELX, provides subscription market intelligence, pricing and analytics across petrochemicals, energy and renewables — comparable to Westwood in subscription intelligence model and energy-transition coverage, though more focused on chemicals and downstream than upstream E&P.
  • BloombergNEF: BloombergNEF provides subscription research and data across energy transition, power, renewables, hydrogen, CCUS and clean transport — comparable to Westwood's Atlas New Energies and Hydrogen product lines, but with a much broader macro-energy-transition scope and stronger investor/financial-institution orientation.

Emerging players

  • Kpler: Kpler is a fast-growing data and analytics platform focused on commodity flows across energy, metals and agricultural markets — comparable to Westwood in subscription data model and energy-sector customer base, but differentiated by its trade-flow analytics versus Westwood's rig/subsea/field-level asset intelligence.
  • Vortexa: Vortexa provides real-time global energy and freight analytics using AIS and satellite data — comparable to Westwood's MarineLogix platform (which also uses AIS) and to its broader data-driven approach for energy market participants, though more focused on crude/products/LNG cargo flows than on rigs and subsea.

Regional players

  • Interfax Global Energy: Interfax Global Energy provides subscription news, data and analytics on Russian/CIS, Central Asian and emerging-market oil, gas and power sectors — partially comparable to Westwood's upstream intelligence products, but focused on different geographies and shorter on rig/subsea/field-level databases.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Westwood Global Energy Group social profiles

Digital presence

Westwood Global Energy Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Westwood Global Energy Group leadership team

Management profile

Number of profiles

Westwood Global Energy Group subsidiaries and ownership

Company hierarchy

Subsidiaries10 records

Westwood Global Energy Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Westwood Global Energy Group M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Westwood Global Energy Group

What does Westwood Global Energy Group do?

Westwood Global Energy Group provides subscription-based market intelligence platforms, bespoke research reports, and management consulting services focused on the global energy industry. Their offerings span upstream oil and gas, offshore wind, subsea, marine, hydrogen, and decommissioning sectors, delivered through proprietary data platforms and expert analyst advisory services.

Is Westwood Global Energy Group a public or private company?

Westwood Global Energy Group is a private company. It is classified as private equity controlled and is currently operating.

When was Westwood Global Energy Group founded?

Westwood Global Energy Group was founded in 2015. It employs 51 to 100 people.

Where is Westwood Global Energy Group based?

Westwood Global Energy Group is headquartered in London, United Kingdom, in the Europe region.

How does Westwood Global Energy Group make money?

Three revenue lines are on record. Subscription-Based Data Services are the primary driver. The others are bespoke Reporting and energy Consulting Services.

Who are Westwood Global Energy Group's main competitors?

Direct peers on record are Wood Mackenzie, Rystad Energy and Esgian (formerly Bassoe Offshore). Broad incumbents are S&P Global Commodity Insights, Argus Media, ICIS (RELX) and BloombergNEF. Emerging players are Kpler and Vortexa. Interfax Global Energy is listed as a regional player.

Does Westwood Global Energy Group have an API?

No public API is recorded for Westwood Global Energy Group.

What industry is Westwood Global Energy Group in?

Westwood Global Energy Group's product category is Energy Market Intelligence. Its primary akta.pro industry code is EUAEAMAB, Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal), with a secondary code of BPAHAIAG, Energy Systems & Power Engineering Consulting. Its NAICS code is 518 and its SIC code is 1382.

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Live signals
Cyprus Shipping News- Cyprus Shipping NewsWestwood Global Energy Group announced the launch of MarineLogix, a new offshore vessel intelligence platform covering over 10,000 vessels, 2,500 owners, and more than 30 vessel classes globally. The platform uses AIS data and proprietary methodologies to provide consistent vessel activity measurements, addressing challenges in the offshore vessel market such as inconsistent measures, late deployment, and missed pricing opportunities. The launch expands Westwood's existing OffshoreLogix environment, complementing vessel intelligence with insights across rigs, subsea, platforms, and offshore wind sectors for operators, owners, and investors.Upstream Online$54 billion: The forecast global offshore EPC contract award value in 2025Energy intelligence firm Westwood Global Energy Group forecasts global offshore EPC contract awards to reach $54 billion in 2025, a 1% year-on-year increase driven by 53 final investment decisions including 18 floating production units with combined throughput of 1.9 million barrels of oil equivalent per day. The marginal growth is constrained by persistently high supply chain costs since 2022, softening Chinese oil demand, and OPEC+ extending voluntary output cuts into 2025, leading to project delays and operators opting to retender rather than sanction high-breakeven projects. The outlook projects annual EPC contract award values to average $50 billion over the 2026–2029 period, supported by stable oil prices above $70 per barrel and easing supply chain inflationary pressures.Drilling ContractorSteady but flat outlook forecast for the global onshore market in 2025Westwood Global Energy Group forecasts a slight increase in global onshore drilling rigs from 4,384 in 2024 to 4,617 in 2028, with regional variation offsetting overall stagnation — the US Lower 48 is expected to remain flat at 587 rigs while China and India drive growth and Russia declines due to OPEC+ cuts and sanctions. Pipeline projects in Canada and Argentina are driving regional optimism, with LNG terminal developments expected to boost Canadian rig activity by 4-5% annually and Argentinian infrastructure unlocking production from the Vaca Muerta shale play. The Middle East outlook remains positive but contingent on sustained oil demand, with Helmerich & Payne's acquisition of KCA Deutag signaling strong confidence in Saudi Arabia, Kuwait, and Oman markets.Brazil Energy InsightNearly 90 greenfield, brownfield project FIDs expected this yearWestwood Global Energy Group forecasts global offshore oil and gas EPC contract award value to reach approximately $68 billion in 2024, driven by 89 greenfield and brownfield project final investment decisions (FIDs), representing a 74% increase from 2023. The FLNG market is expected to gain momentum with approximately $15 billion in awards, including Samsung Heavy Industries' $1.5 billion newbuild FLNG unit award for the Cedar FLNG project offshore Canada. Regional investment will concentrate in the Americas (48% of forecast EPC spend) and the Middle East, with Saudi Aramco, QatarEnergy, and ADNOC driving GCC offshore production expected to reach 14.9 MMboe/d by 2028.Offshore EnergyIs UK at risk of falling short of its CCS targets despite potential to surpass them?Westwood Global Energy Group released a report warning that despite the UK's potential to surpass its 2030 carbon capture and storage targets—with capacity potentially reaching over 45 MTPA across up to seven sites—delays, funding setbacks, and under-delivery pose a significant risk to meeting these goals. The analysis underscores that even minor project delays, combined with congested license work programs and challenges in securing CO2 access, could cause Britain to miss its 2030 targets. The research emphasizes that timely project completion and government support will be crucial for the UK to realize its full carbon storage potential.PR NewswireNavigating the murky waters of Southeast Asia's offshore marketThom Payne of Westwood Global Energy Group outlines a cautious recovery in Southeast Asia's offshore oil and gas sector, noting that while new projects like ONGC's R-Cluster and Mubadala's Pegaga have been sanctioned, significant supply chain improvements are delayed. The article highlights that global geopolitical factors, including OPEC production cuts and sanctions on Iran and Venezuela, are driving higher oil prices which underpin this regional market stability. Despite increased capital spending by local operators, the industry faces challenges from complex commercial negotiations and a need for sustained investment to fully thaw the financial community's negative sentiment.PR NewswireMetal Bulletin and Westwood Global Energy Group Launch New Market Analysis Report Aimed at the Specialty Alloys IndustryMetal Bulletin and Westwood Global Energy Group jointly launched the 'Future of Corrosion Resistant Alloys Report', a new market analysis product targeting the specialty alloys industry, particularly the CRA OCTG and clad and lined pipe markets. The report forecasts that the Middle East will remain the largest consuming region for chrome and corrosion resistant alloys, driven by expanding sulphur exports and the Barzan development, while nickel alloys and higher-grade materials will see the strongest pricing growth. According to the companies, increased drilling in complex environments with higher CO2 and H2S levels is driving demand for these specialized products, which offer premium profit margins compared to standard carbon grades.