CHC Group to acquire Babcock’s oil and gas businessnews Alasdair Whyte 11 Mar 21 0CHC Group has entered into a conditional agreement for the acquisition of the oil and gas aviation business of Aberdeen-based Babcock International Group. Babcock transports… Read more
Babcock wins five-year offshore contract from Bristownews Alasdair Whyte 10 Mar 20 0Babcock has won a five-year offshore transport contract from Integrated Aviation Consortium (IAC) to operate more than 100 helicopter flights per month between Shetland and… Read more
Babcock Group confirms Ruth Cairnie as new chairnews Alasdair Whyte 5 Apr 19 0Babcock International Group has confirmed that Ruth Cairnie will assume the role of the group’s chair starting 18 July – replacing Mike Turner in the… Read more
Babcock secures five-year Santos offshore contractnews Alasdair Whyte 25 Feb 19 0Babcock Australasia has been awarded a five-year contract by Australian energy company Santos to transport personnel to and from oil rigs in Karratha, Western Australia.… Read more
Babcock’s £80 million impairment lower than expectednews Alasdair Whyte 22 Nov 18 0Babcock Group has taken an £80 million ($102 million) impairment charge on its oil ad gas helicopter transport business. Analysts had been expecting £100 million.… Read more
Babcock targeted by anonymous short-sellernews Alasdair Whyte 8 Nov 18 0Babcock Group, the parent of Babcock Mission Critical Systems, is under attack from a short-seller called Boatman Capital Research. A paper posted by Boatman has… Read more
Babcock acquires German relief helicopter supplier Heli Aviationnews Alasdair Whyte 28 Apr 16 0Babcock International Group has completed the acquisition of Heli Aviation, a provider of helicopter services in Germany. The new company will sit within Babcock’s mission… Read more
