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.
Babcock has started a North Sea helicopter contract with Total which rival CHC criticised as “unsustainable pricing”.
North Sea helicopter bosses created some turbulence of their own last month with eyebrow-raising statements about competition and pricing pressures.
An Aberdeen oil and gas hangar got a special surprise yesterday with the arrival of an RAF “Hawk” jet nearby.
In this episode, in association with the EIC, the war of words has continued in the helicopter space with another contract going to fiercely competitive Babcock. While the company has remained silent about its winning ways, others vying for contracts have been less restrained. Babcock, if you’re reading this, give Mark a call to explain.
The chief executive of NHV has accused rival helicopter operator Babcock of engaging in a “race to the bottom” after a pair of North Sea contracts with Total changed hands.
With Allister on his hols (somewhere in lockdown Aberdeen), special guest Stuart Broadley, chief executive of the Energy Industries Council – which sponsors this episode – joined Mark and Ed to size up the week’s biggest stories.
Helicopter operator CHC has warned that “unsustainable” contract pricing could affect training and development after losing a major deal with oil and gas firm Total.
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%.