A trio of energy analytics heavyweights, who have overseen more than $30billion (£22.5bn) of oil and gas deals, have teamed up to form a new research and consulting firm in Aberdeen.
Air and Sea Analytics
Babcock helicopters has conditionally agreed the sale of its oil and gas aviation business to rival CHC.
The downturn has hit a “key inflection point”, with signs pointing to recovery for the offshore oil and gas helicopter market, according to new analysis.
North Sea helicopter flights are expected to reduce by up to 30% over the next two weeks due to the effect of the coronavirus outbreak.