Firms behind the bid for a Forth Green Freeport estimate 7,000 new Fife jobs can be created if plans are approved.
Helicopter operator CHC has been ordered by the UK's competition watchdog to sell off its newly-acquired Babcock North Sea business.
‘Failures and contradictions’: CHC lands scathing attack on competition watchdog over Babcock findings
CHC has launched a scathing critique of the competition watchdog for what it calls “incomplete, selective and deficient” analysis of its takeover move for Babcock.
North Sea helicopter operator Babcock slumped to pre-tax losses of £383 million in 2021.
The market watchdog has said that the takeover of Babcock Aviation by CHC Helicopters would lead to a “significant loss” of competition in the North Sea, as its final decision looms.
Dozens of flights going to and from North Sea oil and gas installations have been impacted as Storm Eunice hits the region.
Offshore Helicopter Services, the new name for the former Babcock Aberdeen business, has landed a new North Sea contract with Well-Safe Solutions.
CHC has told competition authorities that its takeover target of Babcock Aviation is “not a particularly serious competitive threat” to the company.
CHC has not addressed competition concerns on its takeover of rival Babcock and the competition watchdog has referred it to an in-depth investigation.
CHC helicopter has been given five days to address “concerns” raised by the competition watchdog over its takeover of rival Babcock before an investigation is escalated.
A formal inquiry has been launched by the competition watchdog into the merger of CHC and Babcock helicopters.
The Babcock oil and gas helicopter operation in Aberdeen is to be renamed while the competition watchdog mulls a takeover by rival CHC.
Energy Voice Out Loud, under the tender new management of Allister, took a look at the big numbers coming out of OGUK’s big report this week. Imports are rising, it seems, but politics remain a tangled web. Are companies too scared of allegations of greenwashing to make the case for the energy industry?
Babcock International has announced the completion of the sale of its oil and gas aviation business to CHC Helicopters.
Dozens of North Sea helicopter flights from Aberdeen and Sumburgh face delays this morning as severe weather strikes the region.
Weather conditions bring evacuations of multiple North Sea platforms and dozens of cancelled flights
Several North Sea platforms have been downmanned over the last few days due to adverse weather conditions.
An offshore helicopter was forced into an emergency landing at a Shetland airport today after being struck by lightning.
Babcock helicopters has conditionally agreed the sale of its oil and gas aviation business to rival CHC.
Babcock took a £5.2million hit for “loss-making contracts” for its North Sea helicopter business in the 2020 financial year.
The CEO of NHV hopes the restoration of oil prices can help the beleaguered helicopter market “to a more sustainable situation”.
The fatal Germanwings 9525 plane crash in the French Alps is bringing action on mental health for oil and gas helicopter pilots, a top UK boss has said.
Babcock bosses have continued to hit out at its oil and gas helicopter business, saying “weakness” persisted through the third quarter.
A group of north-east oil industry and business professionals are closing in on their £25,000 festive fundraising target with two weeks to spare.
Engineering service group Babcock International said today that market conditions for its oil and gas aviation business were “extremely tough” in the six months to September 30.
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.