Oil and gas research company Westwood Energy has launched an enhanced version of its Atlas business analysis tool for north-west Europe, as data analysis becomes more important than ever with the spread of Covid-19.
The tool now enables users to access information on every field off the British and Norwegian coasts, and offers integrated maps and research reports. Westwood notes that six of the world’s ten largest exploration and production firms use the service, and with the platform covering more than 700 projects across the world, the company is optimistic that its expanded European service will be of use to the industry.
The north-west Europe upstream sector faces a huge challenge managing both the impact of the Covid-19 pandemic and dealing with oil prices back in the US$30s,” said Emma Cruickshank, head of north-west Europe research, highlighting the growing importance of data analysis. “Access to the best data, analysis and insight is more important than ever,” she continued.