Finance News

Westwood Bolsters Rig Market Capabilities with New Senior Appointment

Westwood Global Energy Group (Westwood), a specialist energy market research and consultancy firm, has announced the appointment of Aberdeen-based Teresa Wilkie to its RigLogix team as Research Director.

With over a decade of experience under her belt as an analyst and product manager in the energy industry, Teresa is returning to Westwood following a previous four-year tenure working across the suite of rig intelligence services. Alongside her legacy with the Group, Teresa will also be bringing considerable expertise from her time at IHS Markit and Esgian (Bassoe Offshore), predominantly focused on the offshore rig market alongside several years’ experience tracking the subsea vessel and accommodation rig markets.  

The news comes at a time of significant talent acquisition for Westwood. With 11 new analyst hires made in the last six months alone in the UK and Singapore, Teresa’s appointment cements Westwood’s ambition to strengthen provisions across a range of its specialisms including Energy Transition, Offshore Energy Services, Northwest Europe, and Global Exploration & Appraisal.   

Terry Childs, Head of RigLogix, Westwood, said: “Teresa re-joins the RigLogix team at an exciting time, following the launch of the RigLogix Advanced upgrade options and Westwood’s continuing drive to support our clients with actionable energy transition intelligence. In her new enhanced role as Research Director of RigLogix, Teresa is going to be a key member of our team and brings a wealth of knowledge, experience and insight into the offshore rig market.”  

As part of a continual cycle of development and refinement across its specialist areas of energy data, insights and applications, Teresa will be a pivotal part of the team investigating the growing importance of emissions data when assessing the rig market. 

2 Teresa WilkieTeresa Wilkie, Research Director, Westwood  

Teresa Wilkie, Research Director, Westwood, said: “I’m delighted to be back home with the Westwood family. Re-joining the RigLogix team at such an exciting time of product development amid a rapidly evolving energy sector presents a real opportunity to drive growth and hone our services. It’s great to have the opportunity to work once again with a team that has such incredible knowledge and experience, and play my part in shaping RigLogix to help our clients deal with the challenges and opportunities that lie ahead.”   

Further to the successful launch of RigLogix Advanced and WindLogix, empowering clients across the upstream sector to make better informed decisions while navigating energy transition, Westwood will be hosting a North Sea-focused offshore energy showcase in May. The event will provide the latest insight on the field development, drilling rig and wind markets, with an emphasis on the role of energy transition within these offshore specialisms.  

Westwood Global Energy Group is headquartered in London and has offices in Aberdeen, Houston and Singapore.

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