The board of directors for Mexico’s Petroleos Mexicanos (Pemex) approved a corporate restructuring plan that would see the company reorganize into two main units and five smaller subsidiaries. The national oil company said that the plan was…
Flying offshore is one of the world's safest commutes. Offshore activity drives the global market for oil and gas-related helicopter services, which is estimated to be worth US$24 billion over the next five years, 2014-2018. Companies…
Total E&P UK is extending a decades-long relationship with CHC Helicopter in the North Sea, awarding CHC a long-term helicopter transportation contract to support Total’s offshore operations across the United Kingdom Continental Shelf (UKCS)…
RossOffshore AS, based in Bergen, Norway, has been awarded long-term helicopter services contract with Lundin Norway AS and the Det norske oljeselskap ASA. The three-year contract is to book personnel for flights offshore Norway, and includes three x two-year options to extend…
Five major helicopter operators today announced a new industry association – HeliOffshore – for organizations with an interest in working together on safety in offshore helicopter transport. The new association was introduced today at a launch event at its offices in London…
EMAS AMC's flagship vessel, the Lewek Constellation, is due to arrive in the North Sea in the coming week in order to be fitted with its multi-lay tower and ancillary equipment for pipe lay activities at Huisman's Schiedam yard, Netherlands…
General Electric today agreed to pay US$1.78billion for Milestone Aviation Group, the world’s largest helicopter leasing company. Helicopter transportation is fundamental to the offshore oil industry, and the market for oil & gas…
The living quarters platform (LQP-1) topside for the Vladimir Filanovsky field has arrived at its north Caspian Sea destination from Krasnye Barrikady shipyard in Russia’s Astrakhan region, the Russian Maritime Register of Shipping (RS) announced on 5 August…
The Dutch have long dominated the heavy lifting market, especially offshore, and the country’s domination looks set to continue. Earlier this year, Allseas announced plans to build a new vessel that will top by 50% the capacity of its already enormous Pieter Schelte…
Sander Vergroesen, IRO’s managing director Dutch offshore suppliers are innovating to keep ahead, providing solutions in ever deeper and colder waters globally. IRO’s Sander Vergroesen spoke to Elaine Maslin…
CHC Helicopter’s Brazililian subsidiary, BHS (Brazilian HelicopterServices Táxi Aéreo), opened a larger hangar for its existing offshore flying operations in Cabo Frio, the company announced this week. The 6500sq m (about 70,000sq ft)…
Research and Markets has announced the completion of the 'World Offshore Oil and Gas Helicopter Market Forecast 2014-2018' report, saying that Bristow and CHC dominate the industry. This report forecasts US$24 billion in expenditure on offshore helicopter services between 2014 and 2018…
As the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) remembers those lost, work continues to improve offshore helicopter passenger safety This week marks the anniversaries of the crashes of Cougar 491 on 12 March 2009 and a Universal helicopter on 13 March 1985…
The global offshore heavy lift market is fragmented, but evolving, with new vessels expected to bring a step change in capability and flexibility. Elaine Maslin reports. Offshore heavy lifting capability has increased in waves, from the early heavy lifts of just a few hundred tonne…
All American Aviation LLC will be the first helicopter operator to provide offshore oil and gas transport service in the Gulf of Mexico using new Eurocopter AS350B3e AStar helicopters, American Eurocopter announced on 7 March 2013.AS350B3e…