‘A statesman for the industry’: Tributes paid to Westwood Global founder John Westwood
Tributes have been paid to John Westwood, founder of the namesake energy market analytics firm, who has died aged 76.
Tributes have been paid to John Westwood, founder of the namesake energy market analytics firm, who has died aged 76.
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.
Babcock helicopters has conditionally agreed the sale of its oil and gas aviation business to rival CHC.
“Rapid growth” is being forecast for the offshore wind helicopter market, with nearly 100 extra aircraft needed by 2030.
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.
The UK’s crippled offshore helicopter sector faces more financial restructuring, “opportunistic M&A” and possibly even government intervention, according to new analysis.