Westwood analysis shows that the ongoing war risks delays to both award timing and contract commencement for a wide tranche of jackup tenders ordered by Middle East operators in late 2025 and early 2026
Could the recent US$5.8Bn acquisition of Valaris by Transocean kick off another round of rig-owner consolidation? Westwood Global Energy’s Americas research director, Cinnamon Edralin, examines the impact of the deal
Several multi-year tenders have hit the market after two years of demand decline and rig exits, says Westwood Global Energy Group, RigLogix director, Teresa Wilkie
The all-stock purchase joins two of the top 10 offshore drilling rig owners and would position the combined fleet at the top of the ranks of offshore drillers
Nine rigs are covered by the latest awards, with the headline deal being a three-year contract for harsh-environment semisub Noble GreatWhite with Aker BP
While rig utilisation in the Middle East is down slightly year-on-year, the picture will brighten for the region in H2 2026, writes Westwood Global Energy Group, RigLogix director, Teresa Wilkie
Policy delays and rising compliance costs position LNG firmly as shipping’s leading pragmatic fuel of choice for decarbonisation, writes WinGD business development head, Andrea Lazzaro
Stranded gas represents untapped value and floating LNG and FSRUs offer the quickest way to monetise it. To capitalise on these opportunities, you must master both the technology behind floating gas ...