When Covid-19 gripped the UK North Sea oil industry, there was only one way for helicopter operators to manage the crisis – take it hour by hour, day by day.
Engineering service firm Babcock International slumped into the red in 2019-20 after suffering hefty impairments largely pinned on the “deteriorating” oil and gas market.
A Shetland marine energy firm has completed construction on a new incarnation of tidal turbine, able to cut costs by around 30%.
The UK’s crippled offshore helicopter sector faces more financial restructuring, “opportunistic M&A” and possibly even government intervention, according to new analysis.
Helicopter operator Babcock has said “continued commercial pressures” saw its UK offshore oil and gas business swing to a loss last year.
Babcock Offshore said today that it had won two new contracts for helicopter crew change operations out of its Aberdeen base.
Babcock's search and rescue (SAR) team is boosting the service it provides offshore workers by replacing hard-wired helicopter intercom with a new wireless network.
Trade union bosses have issued fresh calls for a public inquiry into North Sea helicopter safety after a report showed fatigue was a factor in a “near miss” at Aberdeen Airport.
The RMT trade union has vowed to step up pressure for a public inquiry into offshore helicopter safety after a report showed engineer fatigue contributed to the collapse of an aircraft's landing gear.
North Sea flights were disrupted yesterday after a “crack” was detected on part of a helicopter operating out of Aberdeen.
Babcock has confirmed that it was approached by outsourcing rival Serco earlier this year with a proposal for a mega-merger between the two companies, but the idea was rejected.
Defence and aerospace firm Babcock has appointed a Shell veteran as its new chairwoman.
Babcock will undertake fabrication and modification work on the vessel serving Premier Oil's Catcher field in the North Sea as part of a four-year agreement.
Engineering services giant Babcock International (Babcock) has chosen a former RAF pilot to head up its UK North Sea helicopter business in Aberdeen.
Engineering group Babcock has struck a joint venture deal worth 1.5 billion Australian dollars (£864 million) to provide services to Australia's navy.
The end of EC225 Super Puma helicopters in the North Sea has resulted in Babcock taking a £120million charge as it reshapes its oil and gas business.
Engineering giant Babcock International has denied a report from a major news outlet that the firm will take a £100million impairment charge on its North Sea helicopter business.
A fault which left a helicopter stuck on a North Sea platform was "isolated" to that particular aircraft, manufacturer Sikorsky has said.
Some unusual cargo was recently picked up by a pair of North Sea pilots when an exhausted bird became stranded on an oil rig.
Helicopter operator Babcock has won a North Sea contract with Taqa.
The National Subsea Research Initiative (NSRI) has announced that it will host a workshop next week to explore opportunities in wave and tidal energy.
A woman helicopter pilot working in Aberdeen said yesterday that greater encouragement was needed from schools and the aviation industry to turn the tide on poor female pilot numbers and the gender pay gap.
North-east energy firms have pledged to address the gap between the average pay of men and women in the sector.
Fife has been dealt another jobs blow with confirmation that 150 jobs are to go at Babcock’s Rosyth yard.
Snowy and stormy weather is affecting North Sea flights, with large numbers being put on hold.