Bethel repeated his concerned about offshore in the company's 2019 financials. See here:
https://www.babcockinternational.com...11.06.2020.pdf
The international opportunities now account for 48% of our bidding and pipeline. We have also grown our aerial emergency services businesses across Europe and entered several new territories including Canada, Australia, Norway, Sweden, and Finland. However, oil and gas has been frustrating and disappointing, and as I said earlier we no longer believe it to be an attractive growth opportunity. We will continue to operate the reduced business for value and continue to deliver for our customers but we are not predicting significant growth over the next few years.