Report indicates surge in demand for helicopters offshore
Douglas-Westwood (DW) forecasts global expenditure of $24 billion on offshore helicopter services between 2014 and 2018.
CANTERBURY, UK – Douglas-Westwood (DW) forecasts global expenditure of $24 billion on offshore helicopter services between 2014 and 2018. This represents a 57% increase on the preceding five-year period.
One growth driver is thefield development lifecycle. In the drilling phase, helicopter needs are short-term, DW says, with requirements for flexibility from helicopter operators. In the production phase, the emphasis is on long-term crew transfer support. As production ramps up, particularly in deepwater regions, there is an increasing need for a larger fleet of modern helicopters.
Globally, the medium-type helicopter class accounts for around 60% of offshore helicopter service expenditure. Over the next five years, a new generation of medium-class aircraft such as the EC175 and AW189 are due to be introduced. However, in Western Europe and Australasia buyers tend to favor larger helicopters with increased range and carrying capacity.
Bristow and CHC remain the dominant players with activities in all chief operating regions.