A new five-year forecast released by Westwood Global Energy Group predicts a recovery in the offshore helicopter market after three years of decline. Global utilization will average 59% over the forecast across the medium and large helicopter fleet. This modest rate of recovery has been anticipated by the supply chain and helicopter operators have re-structured and re-organized.…

Westwood Global Energy Group (WGEG), the energy market research consultancy, has launched its eighth annual World Offshore Wind Market Forecast, a definitive global analysis of all major offshore wind markets, global trends and projects for the period 2017 to 2026. According to the data, WGEG expects the UK, Germany, and China to remain the global…