From North Sea Reporter
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Douglas-Westwood (DW) forecasts $24 billion in expenditure on offshore helicopter services between 2014 and 2018, a 57% increase compared with the preceding five-year period. Western Europe will continue to account for the largest share of global expenditure, driven by both the extensive North Sea infrastructure and the preference towards using large helicopters. The forecast is in DW’s first edition of the World Offshore Oil & Gas Helicopters Market Forecast, which covers all key commercial themes relevant to players across the value chain.