Chopper market in a spin as oil price crash takes its toll
In 2013, the oil & gas market segment was forecast to account for nearly 30% of the new helicopters market over the five years to 2018.
Bristow
Bristow profits slashed by slump in offshore flights
A slump in demand for North Sea offshore flights has hit Bristow Helicopter’s bottom line although sales were underpinned by its contract to run emergency search and rescue (SAR) services for the British government.
Bristow cuts back on apprentices
Apprentices are the latest group to be affected by Bristow's job cuts.
Bristow completes first wave of job losses, second round expected in New Year
North Sea helicopter operator Bristow has completed its first wave of headcount reductions as it looks to streamline costs. The company announced in July it would be cutting up to 130 positions – including 66 pilots – in jobs across the UK. Earlier this month, CHC said it had let 18 members of staff go amid a challenging market place with the global decline in oil price.
HeliOffshore chief says North Sea helicopter crash has been “catalyst” for change
A fatal helicopter crash in which four oil workers lost their lives two years ago has acted as a "catalyst" for lesson learning, according to the chief executive of HeliOffshore.
Bristow cost saving measures to rise by $55million, more job losses expected
Bristow plans to increase its cost saving measures from $95million to $150million as it looks to streamline its business further.
Industry defends itself against claims of ‘compromising safety’
The industry has robustly defended itself against claims that looming pilot cuts were compromising safety. British Airline Pilots’ Association’s (BALPA) General Secretary Jim McAuslan, said pilots were at risk as the await final confirmation of job losses. McAuslan spoke to Energy Voice after surveying its members for current sentiment.
Flight data recorder recovered from Nigeria helicopter crash
Nigeria’s Accident Investigation Bureau (AIB) has recovered the flight data recorder from a helicopter which crashed on the way from an oil platform. The incident earlier this month left six people dead and others injured after the Sikorsky 76 Bristow helicopter crashed into a lagoon. The aircraft had been carrying 10 passengers and 2 crew when the incident happened.
Six workers killed after helicopter crash in Nigeria from oil platform
A helicopter carrying at least 12 people from an oil platform has crashed into a lagoon killing at least four people, the Nigerian Civil Aviation Authority (NCCA) said. The helicopter, which was operated by offshore energy transportation specialists Bristow Group had been flying from a rig when the incident happened shortly before it was due to land. Officials in the country said a rescue operations was continuing.
Energy Jobs Taskforce: Industry will endure
Scotland’s oil and gas industry has a vibrant future. Yes, there’s a sharp reduction in investment, in jobs and in projects but the strength of skills and experience built up over the decades will sustain the industry and ensure it remains a significant contributor to the Scottish economy for decades to come. It’s now six months since the First Minister announced the creation of an Energy Jobs Taskforce to help support Scotland’s oil and gas sector through the current challenging period.
BALPA calls for jobs summit after Bristow launches consultation
A call has been made by BALPA (The British Airline Pilots' Association) for the government to hold a summit on North Sea jobs. The plea comes after Bristow launched a consultation with staff over 130 positions. Bristow Helicopters told staff the global decline in oil price has prompted the decision, with up to 66 helicopter pilots and 64 other workers likely to be made redundant.
Union boss says Bristow lay-offs “inevitable”
Offshore union boss Jake Molloy said lay-offs at Bristow were "desperately sad", but were also "inevitable" given the thousands of jobs cut already in the North Sea.
Bristow to cut North Sea jobs
Bristow Helicopters has launched a consultation with North Sea staff over job reductions. The total number of workers facing potential job losses stands at 130 - including up to 66 pilots, in jobs
Police and fire crews called to helicopter emergency at Aberdeen Airport
A helicopter landed safely after sparking a full emergency at a Scottish airport today.
Helicopter returns to base after warning light comes on
A helicopter has declared an emergency off the north coast of Scotland. The Bristow EC225 airbus helicopter was flying from Aberdeen Airport for work in the oil and gas industry. It is believed that a warning light came on forcing the aircraft to turn back to Aberdeen. A coastguard spokeswoman confirmed they had been called as a precaution but later told not to attend.
Helicopter firm’s profits take off
New contracts for the oil and gas industry and also search and rescue (SAR) operations helped spur on Bristow Helicopters to a massive increase in profits. Pre-tax profits of £91million in the 12 months to March 31, 2014, were up from £6.35million a year earlier. Turnover rocketed by 26% to £318.19million in the latest period, from £252.52million previously. A spokeswoman for the firm said a number of factors drove the rise in profits.