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CHC LLC purchases Babcock

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CHC LLC purchases Babcock

Old 2nd Dec 2021, 16:19
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Originally Posted by dustycraphopper View Post
Helihub , I suppose Orsted could always "hustle" the existing Uni Fly contract support from Humberside with a 60 minute transit if winch transfer is required
This quote is from Ørsted and was part of this article back in June.
“We continually assess our operations performance to ensure we deliver the highest standards across our portfolio. Thanks to the excellent reliability we have seen from the Walney Extension turbines and high-quality service provided by our technicians, we have not required the use of a helicopter as much as originally envisaged. This has in turn brought down the requirement for troubleshooting and emergency maintenance, where helicopter transfer of parts and personnel can assist in delivering significant value. Therefore, we have coordinated with Babcock to pause helicopter logistics support. As with all measures on our performance journey, we will continue to review our processes and should circumstances change we may reinstate helicopter service in the future.”
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Old 17th Mar 2022, 19:52
  #242 (permalink)  
 
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Get the red paint out.
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Old 18th Mar 2022, 03:59
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I have some sympathy with CHC's view. The industry has been in a prolonged downturn which has resulted in a race to the bottom. We now have oil company nirvana, ridiculously low helicopter contract rates coupled with a record high oil price.

If the oil price remains high (>$80 per barrel), it will be economical to bring additional oil and gas capacity into production and to explore for more, renewables and electric cars are not there yet.

Helicopter contract prices will have to rise as increased activity will lead to a shortage of aircraft as the market is now quite finely balanced with aircraft and personnel capacity. Combined with supply chain disruption of some raw materials, we could see the capacity to produce new aircraft limited by cost and production constraints.

I think things may improve for offshore helicopter operators providing they can secure aircraft and people capacity to meet demand.
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Old 18th Mar 2022, 08:24
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Originally Posted by industry insider View Post
I have some sympathy with CHC's view. The industry has been in a prolonged downturn which has resulted in a race to the bottom. We now have oil company nirvana, ridiculously low helicopter contract rates coupled with a record high oil price.

If the oil price remains high (>$80 per barrel), it will be economical to bring additional oil and gas capacity into production and to explore for more, renewables and electric cars are not there yet.

Helicopter contract prices will have to rise as increased activity will lead to a shortage of aircraft as the market is now quite finely balanced with aircraft and personnel capacity. Combined with supply chain disruption of some raw materials, we could see the capacity to produce new aircraft limited by cost and production constraints.

I think things may improve for offshore helicopter operators providing they can secure aircraft and people capacity to meet demand.
Well said....getting people in is going to be the challenge imho, if it does pick up. For what it's worth, just my opinion, but I think we operators may see an improving situation very soon. Have heard from several sources at different companies that the piles of CVs they used to get have long gone, compounded by Brexit licensing issues further reducing the pool of talent the numbers aren't coming through the door anymore. Yet pilots are still retiring, losing their licences and going off to the sandpit/police/HEMS etc. I left the military and went straight to offshore, but most of the generation after me went to airlines instead. Who knows - crazy assumption to make, but could we see improved T&Cs for pilots coincidental with an upturn in the offshore market?
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Old 19th Mar 2022, 08:57
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Mitchaa
I wouldn’t have thought so.

Declining oil market, an oil and gas hating Scottish government which is being continually influenced by the Greens. In addition to that, there is always a steady stream of military helicopter pilots that come into the offshore industry on much lower salaries that I don’t think recruitment (albeit with some training) is ever going to be a problem.


Really? We seem to be having one heck of a time finding any suitable candidates? Yes, there maybe the odd one or two ex-mil available but nowhere near where it used to be. At the moment we cannot keep up with the vast amount of retirements that is happening every year, the scenario that was highlighted years ago, as the average age of offshore (and onshore for that matter) get higher each year, with less and less newbies joining the profession.This problem of recruitment is the same across all of the operators, I witness it first hand every week. The oil and gas market is not disappearing tomorrow, and other new offshore work ( renewables) requires support in the meantime.
B.
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Old 19th Mar 2022, 16:48
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I totally agree. I would go further to say that the companies should fully sponsor cadets from scratch, and bond them accordingly.
B.
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Old 19th Mar 2022, 19:32
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Originally Posted by jimf671 View Post
Get the red paint out.
Nope. Just rub back the cheap paint on OHS-UK's ND and NF...the PHI black and yellow is still underneath.
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Old 19th Mar 2022, 23:15
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Originally Posted by johni View Post
If companies sponsored IRs there would be no shortage of candidates.
Agreed, but companies can't sponsor IRs when the oil companies are still insisting on screwing their aviation suppliers down to the lowest of low single digit percentages.
In the current economic direction there can be no sponsorships, no investment in new technology and no (no matter what anyone says) true advances in safety.
The oil companies need to understand that there is a minimum price for a quality aviation service...and they are not meeting it. That's why it is so laughable that the CMA state that this [so called] loss of competition will result in a degradation of safety. It would do just the opposite. Fewer suppliers would result in a steady rise in margins for the aviation suppliers and that, indeed, would result in greater safety and new, safer, technology.
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Old 20th Mar 2022, 14:11
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Brutal,

are you an employer?
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Old 20th Mar 2022, 14:42
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Originally Posted by jeepys View Post
Brutal,

are you an employer?
Nope: A realist.
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Old 20th Mar 2022, 15:38
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Originally Posted by Mitchaa View Post
Why were NHV allowed to setup without a U.K AOC? Where were the CMA then?
Wasn't that EASA/European legislation when we were still part of Europe? Just as your licence used to allow you to work across all European boarders, did a European nation's AOC not allow the same? Did NHV have to get a UK AOC because of the looming spectre of Brexit?
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Old 20th Mar 2022, 15:39
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Originally Posted by Mitchaa View Post
Why were NHV allowed to setup without a U.K AOC? Where were the CMA then?
Wasn't that EASA/European legislation when we were still part of Europe? Just as your licence used to allow you to work across all European boarders, did a European nation's AOC not allow the same? Did NHV have to get a UK AOC because of the looming spectre of Brexit?

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Old 20th Mar 2022, 17:14
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Originally Posted by Mitchaa View Post
The 4 operating CEO’s need to sit around a table and link helicopter pricing to oil pricing.
That would be illegal under competition laws.
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Old 21st Mar 2022, 08:22
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Originally Posted by Bravo73 View Post
That would be illegal under competition laws.
Funny how the oil and gas operators bring in a new operator or resurrect an old one to bring the numbers up.
That is not a cartel of course as the o&g operators do not talk to each other.
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Old 21st Mar 2022, 23:03
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Originally Posted by ericferret View Post
Funny how the oil and gas operators bring in a new operator or resurrect an old one to bring the numbers up.
That is not a cartel of course as the o&g operators do not talk to each other.
you a funny guy - not only do they 'not' talk to each other, CAA do 'not' facilitate their methods
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Old 24th Mar 2022, 18:52
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Originally Posted by johni View Post
NS operators can't be that desperate for pilots as I know pilots with UK North Sea experience who never get even an interview with the operators as they don't have the correct type rating. Operators seem to prefer 200 hour guys.
I think your statement is far too generic. As someone responsible for recruitment in my organisation, I know we will always try to recruit against a certain profile based on maintaining a balanced workforce. An applicable type rating or experience on type will almost certainly have some influence on the decision making process.

Having said all that, I am certain every operator will look at the individual and their attitudes, etc and that will have primacy over anything else that is being considered.
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Old 28th Mar 2022, 12:46
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Is this a big deal in Australia or is it just in the North Sea? Hard to see what is going to happen
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Old 10th Apr 2022, 11:04
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An interesting response from CHC.

https://assets.publishing.service.go...e_remedies.pdf
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Old 10th Apr 2022, 13:16
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I wonder which company would buy the UK element
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Old 10th Apr 2022, 21:27
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PHI are setting up a European operation. Weststar and HeliUnion have always been interested in the NS.

LZ
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