Offshore helicopter segment prepares to lift off

摘要

Much like the OSV sector, the offshore helicopter market has been buffeted by strong headwinds from the prolonged downturn in the oil and gas market but an analysis by UK-based Westwood Global Energy Group, foresees brighter skies ahead. "We see about a 5% annual growth rate over the next five years for the offshore helicopter market," Westwood Global Energy Group director Steve Robertson says. "The main driver is platform operations, plus offshore drilling rigs - similar drivers to the OSV market."