Westwood Global Energy Group provides research and analysis in the oil and gas sector for the global exploration and production industry, offering technical and commercial data to improve business decision-making. They also provide insights into new energy technologies and themes.

Westwood Global Energy Group

Westwood Global Energy Group | 10,000 followers on LinkedIn. Powered by Insight | We are a leading provider of information, subscription services and research-led consultancy for the global energy industry. We focus on intelligence and insight for worldwide exploration and energy services markets. We help clients make informed commercial and strategic decisions through a combination of proprietary data, insight and knowledge.

Paul Bellingham

Managing Partner @ Havn Capital

Tomas Hvamb

Technical Manager - Westwood Global Energy / Independent Consultant

Alyson Harding

Heather Cuffy

In the final episode of the #CCUS mini-series, we look at the role that carbon capture can play in a large scale and ‘so called’ hard to abate industry. David Linden spoke with Pavan Chilukuri , Group Head of CCUS Strategy at Holcim . David and Pavan discuss the significance of CCUS to Holcim, the commitments the business is making (where and why), as well as what the key success factors are for a project. 🔊 Listen here: https://lnkd.in/eMjr3X4q #podcast

A big thank you to our panellists who joined David Linden and Michelle Gomez on our Offshore Wind and Energy Transition panel today. It was a very insightful discussion with a lot a key takeaways from Will Liu , David Chiang and Robert Shapcott . #energytransition #offshorewind

Today our Singapore team kick off our annual APAC Offshore Energy Services event. Thom Payne set the scene for the afternoon with a look into the oil market outlook and expectations for 2025. CHEN WEI 陈炜 presented a global vessel market overview including fleet rationalization, transactions and newbuilding efforts. Paul Ezekiel wrapped things up discussing the ageing APAC rig fleet and the possibility of building new assets to meet future demand. #APAC #offshore #oilmarket #marketintelligence #vessel #rigdemand

#Upstream EPC spend is projected to reach US$63bn for 2024, an annual uptick of 45%. The top three spending regions for 2024 are Latin America (33%), Southeast Asia (14%) and the Middle East (12%). Middle Eastern #offshore investment for 2024 is #forecast at US$7.8bn, a dip of 49% after aramco revoked its decision to increase production capacity to 13mmbpd by 2027. Westwood's CHEN WEI 陈炜 examines drivers of #OSV demand, vessel movements, fleet #utilisation and owner response to ageing fleets in this latest insight: https://lnkd.in/et6kDG-t Featured data is accurate as of 1H24 and derived from Global Offshore Navigator, joint authored by leading experts from Braemar and Westwood. Follow the link for more information and purchase options. #westwoodinsight #energy #marketintelligence

Are you caught up with our Hydrogen Compass - November edition? October proved to be a challenging month for the European #hydrogen market. Developers continued to vocalise their concerns, several major projects were cancelled, and ambitions were scaled back. #Developers are struggling to create viable business cases, with costs escalating and offtakers withdrawing from projects. While setbacks are currently more prevalent, government support is still providing hope for the sector’s potential. This month, we explore some of these key challenges and examine the measures in place to ensure continued progress: https://lnkd.in/dnrXznkp Jun Sasamura

Offshore Wind in Numbers 3Q24 ◾ Total global installed #offshorewind capacity stands at 77.0GW and is forecast to reach 296.4GW by 2030. ◾ 2.36GW of #capacity was brought online, with almost all coming from Mainland China. ◾ 2.2GW of capacity was sanctioned and attributed to six #windfarms . This is a 60% drop compared to 2Q’s 5.5GW, which was attributed to 11 projects. ◾ 18.4GW of #lease capacity was awarded, 46% less than the amount awarded in 2Q24. ◾ Commercial activity in 3Q24 was higher than the previous quarter, both in terms of #PPAs and project capacity #transaction announcements. Five PPAs were signed and account for 653.7MW of capacity, while 5.36GW of offshore wind project transactions were announced. Excerpted from Westwood's Global Offshore Wind Quarterly Report, available to subscribers of WindLogix. For more information and purchase options, contact sales@westwoodenergy.com . David Linden Michelle Gomez Bahzad Ayoub Peter Lloyd-Williams

🌟 ET and Offshore Wind Panel - APAC Offshore Energy Services 2024 Westwood's David Linden and Michelle Gomez host the panel with guest panellists: Will Liu , BlueFloat Energy Robert Shapcott , Fugro David Chiang , WORLD FORUM OFFSHORE WIND (WFO) Very few spaces remaining for our annual event, secure your spot now: https://lnkd.in/eByjxasK

✨ Speaker Spotlight - Paul Ezekiel Join Paul and the Singapore team for Westwood’s annual APAC Offshore Energy Services event on Thursday 21st November! See our full agenda and register here: https://bit.ly/3YTi6Zk #westwoodevents #offshore #marine #energy #rigs #offshorewind

In view of attractive #oilprices , an uptick in E&P investments and robust #drilling activities, the active offshore support #vessel fleet increased by 22 vessels over the past 12 months and pushed effective utilisation to 75%. However, future #utilisation remains contingent on fleet rejuvenation. Westwood's CHEN WEI 陈炜 examines drivers of #OSV demand, vessel movements, #fleet utilisation and owner response to ageing fleets in this latest insight: https://lnkd.in/et6kDG-t Featured data is accurate as of 1H24 and derived from Global Offshore Navigator, joint authored by leading experts from Braemar and Westwood. Follow the link for more information and purchase options. #westwoodinsight #offshore #marketintelligence

Join Westwood at OSEA 's first ever Executive Networking session. Thom Payne and David Linden are presenting on Tuesday 19th November, 10.30am-12.30pm. Looking at: • Offshore Energies in an evolving Marco Energy Landscape • Offshore Wind: Overcoming challenges for the next phase of growth Find full details and register here: https://lnkd.in/gZzVrpqm #OSEA2024 #singapore

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