Name of the Report :
World Offshore Oil & Gas Helicopters Market Forecast 2015-2019

Published Date : 05th July 2015

Table of Contents

1 Summary and Conclusions......7
Summary......8
Conclusions......9

2 Macro Economic Outlook......10
Population & GDP Growth Drive Energy Demand......11
Regional Offshore Production Outlook......12
Oil – Supply & Demand......13
Oil Price Volatility......14
Power Generation......15
Offshore Oil & Gas......16
Oil Majors – End of Business as Usual? ......17
The Importance of Deepwater......18
Oil & Gas Challenges......19

3 Drivers......20
Offshore Helicopter Drivers......21
Key Definitions......22
Offshore Wells Drilled......23
Offshore Asset Installations......24
Offshore Fixed & Floating Platform Population......25
Offshore Maintenance, Modifications & Operations......26
Offshore O&G Passenger Transportation Demand......27

4 Supply Chain......28
Helicopter Classification......29
Contracting Process......30
Tender Process......31
Renewals......32
Helicopter Fleet – Positioning......33
Helicopter Operators – Market Positioning......34
Overview of Offshore Passenger Transportation......35
Buying Power......36
Leasing Contracts......37
Global Helicopter Supply: Evolution of Size......38
Manufacturer Review......39

5 Regional Market Analysis......41
Methodology & Limitations......42
Regional Market Characteristics......43
Helicopter Regional Characteristics......44
Regional Summary......45
Africa: Expenditure Outlook......46
Africa: Supply & Demand Outlook......47
Asia: Expenditure Forecast......48
Asia: Supply & Demand Outlook......49
Australasia: Expenditure Forecast......50
Australasia: Supply & Demand Outlook......51
Eastern Europe & FSU: Expenditure Forecast......52
Eastern Europe & FSU: Supply & Demand Outlook......53
Latin America: Expenditure Forecast ......54
Latin America: Supply & Demand Outlook......55
Middle East: Expenditure Forecast......56
Middle East: Supply & Demand Outlook......57
North America: Expenditure Forecast......58
North America: Supply & Demand Outlook......59
Western Europe: Expenditure Forecast......60
Western Europe: Supply & Demand Outlook......61

6 Appendix......62
Data and Text Conventions......63

List of Tables

Table 1: Selected Majors’ Oil Production 2002-2014.........17
Table 2: Specifications by Helicopter Type .........29
Table 3: Global Construction Overview 1960-2017.........38
Table 4: Regional Market Characteristics .........43
Table 5: Helicopter Regional Characteristics .........44
Table 6: Global Expenditure by Region 2014-2019 .........45
Table 7: Africa Expenditure by Helicopter Type 2014-2019.........46
Table 8: Top Helicopter Types Available in the African Market.........47
Table 9: Asia Expenditure by Helicopter Type 2014-2019.........48
Table 10: Top Helicopter Types Available in the Asian Market.........49
Table 11: Australasia Expenditure by Helicopter Type 2014-2019.........50
Table 12: Top Helicopter Types Available in the Australasian Market.........51
Table 13: Eastern Europe & FSU Expenditure by Helicopter Type 2014-2019.........52
Table 14: Top Helicopter Types Available in the Eastern Europe & FSU Market.........53
Table 15: Latin America Expenditure by Helicopter Type 2014-2019.........54
Table 16: Top Helicopter Types Available in the Latin America Market.........55
Table 17: Middle East Expenditure by Helicopter Type 2014-2019.........56
Table 18: Top Helicopter Types Available in the Middle Eastern Market.........57
Table 19: North America Expenditure by Helicopter Type 2014-2019.........58
Table 20: Top Helicopter Types Available in the North American Market.........59
Table 21: Western Europe Expenditure by Helicopter Type 2014-2019.........60
Table 22: Top Helicopter Types Available in the Western European Market.........61

List of Figures

Figure 1: Global Population Growth & Energy Demand, 1965-2035........11
Figure 2: Historic Primary Energy Demand by Region, 1965-2013........11
Figure 3: Deepwater and Shallow Water Production by Region, 2015-2020........12
Figure 4: Oil Price & Demand 1990-2014........13
Figure 5: World Liquids Production Growth, 2005-2014........13
Figure 6: Oil Price to Balance Budgets vs Current Brent at $65........14
Figure 7: Historical Brent and WTI Oil Prices, January 2005 – January 2015........14
Figure 8: Levellised Cost of Energy ($/mwh) ........15
Figure 9: Cumulative Capacity by Country, 2015-2024........15
Figure 10: Global Oil Supply – Onshore/Offshore Split 2000-2020........16
Figure 11: Global Deepwater Capex by Region 2009-2018........16
Figure 12: Control of Oil Reserves ........17
Figure 13: Deepwater Focus Areas ........18
Figure 14: Oil & Gas Production vs E&P Spend ........19
Figure 15: Skilled Workers Age Category ........19
Figure 16: Shallow Water (<500m) Wells Drilled 2000-2020........23
Figure 17: Deepwater (>500m) Wells Drilled 2000-2020........23
Figure 18: Fixed and Floating Platform Installations 2002-2020........24
Figure 19: Subsea Tree Installations and Subsea Capex 2002-2020........24
Figure 21: Total Platform Population by Region, 2015 ........25
Figure 20: Fixed and Floating Platform Population by Region, 2015-2020........25
Figure 22: Offshore MMO Expenditure on Fixed and Floating Platforms 2009-2020........26
Figure 23: Contracting Process ........30
Figure 24: Share of Helicopter Providers by Operator........ 32
Figure 25: Global Construction Overview 1960-2017........38
Figure 26: Global Offshore Helicopter Expenditure 2014-2019........45
Figure 27: Global Medium Helicopter Demand Segmentation 2015-2019........ 45
Figure 28: Global Large Helicopter Demand Segmentation 2015-2019........ 45
Figure 29: Africa Helicopter Expenditure 2010-2019........46
Figure 30: Africa Expenditure Based on Helicopter Type 2015-2019........46
Figure 31: Demand by Operator Type 2015-2019........46
Figure 32: Africa Medium Helicopter Supply & Demand Outlook 2010-2019........47
Figure 33: Africa Large Helicopter Supply & Demand Outlook 2010-2019........47
Figure 34: Africa Demand Segmentation 2015-2019........ 47
Figure 35: Asia Helicopter Expenditure 2010-2019........ 48
Figure 36: Asia Expenditure Based on Helicopter Type 2015-2019........48
Figure 37: Asia Demand by Operator Type 2015-2019........48
Figure 38: Asia Medium Helicopter Supply & Demand Outlook 2010-2019........49
Figure 39: Asia Large Helicopter Supply & Demand Outlook 2010-2019........49
Figure 40: Asia Demand Segmentation 2015-2019........49
Figure 41: Australasia Helicopter Expenditure 2010-2019........50
Figure 42: Australasia Expenditure Based on Helicopter Type 2015-2019........50
Figure 43: Australasia Demand by Operator Type 2015-2019........50
Figure 44: Australasia Medium Helicopter Supply & Demand Outlook 2010-2019........51
Figure 45: Australasia Large Helicopter Supply & Demand Outlook 2010-2019........51
Figure 46: Australasia Demand Segmentation 2015-2019........51
Figure 47: E.Europe & FSU Helicopter Expenditure 2010-2019........52
Figure 48: E.Europe & FSU Expenditure Based on Helicopter Type 2015-2019........52
Figure 49: E.Europe & FSU Demand by Operator Type 2015-2019........52
Figure 50: E.Europe & FSU Medium Helicopter Supply & Demand Outlook 2010-2019........53
Figure 51: E.Europe & FSU Large Helicopter Supply & Demand Outlook 2010-2019........53
Figure 52: E.Europe & FSU Demand Segmentation 2015-2019........53
Figure 53: Latin America Helicopter Expenditure 2010-2019........54
Figure 54: Latin America Expenditure Based on Helicopter Type 2015-2019........54
Figure 55: Latin America Demand by Operator Type 2015-2019........54
Figure 56: Latin America Medium Helicopter Supply & Demand Outlook 2010-2019........55
Figure 57: Latin America Large Helicopter Supply & Demand Outlook 2010-2019........55
Figure 58: Latin America Demand Segmentation 2015-2019........55
Figure 59: Middle East Helicopter Expenditure 2010-2019........56
Figure 60: Middle East Expenditure Based on Helicopter Type 2015-2019........56
Figure 61: Middle East Demand by Operator Type 2015-2019........56
Figure 62: Middle East Medium Helicopter Supply & Demand Outlook 2010-2019........57
Figure 63: Middle East Large Helicopter Supply & Demand Outlook 2010-2019........57
Figure 64: Middle East Demand Segmentation 2015-2019........57
Figure 65: North America Helicopter Expenditure 2010-2019........58
Figure 66: North America Expenditure Based on Helicopter Type 2015-2019........58
Figure 67: North America Demand by Operator Type 2015-2019........58
Figure 68: North America Medium Helicopter Supply & Demand Outlook 2010-2019........59
Figure 69: North America Large Helicopter Supply & Demand Outlook 2010-2019........59
Figure 70: North America Demand Segmentation 2015-2019........59
Figure 71: Western Europe Helicopter Expenditure 2010-2019........60
Figure 72: Western Europe Expenditure Based on Helicopter Type 2015-2019........60
Figure 73: Western Europe Demand by Operator Type 2015-2019........60
Figure 74: Western Europe Medium Helicopter Supply & Demand Outlook 2010-2019........61
Figure 75: Western Europe Large Helicopter Supply & Demand Outlook 2010-2019........61
Figure 76: Western Europe Demand Segmentation 2015-2019........61

Summary

Resilient helicopter services market to reach new heights

Despite turmoil this year in the oil & gas industry, this report forecasts $25 billion
in expenditure on offshore oil & gas helicopter services between 2015 and 2019.

The installed base of manned production infrastructure continues to increase, as does the fleet
of offshore rigs and specialist installation and support vessels. This drives the demand for helicopter
services, with our forecast spend for the next five years increasing more than 25%, compared to
the preceding five-year period.

However, the significant cuts in capital expenditure that we have seen in 2015 will impact the
helicopter business with lower than previously expected levels of drilling and seismic activity.
We also expect to see a delay in the sanctioning of some new offshore production infrastructure.

Whilst expectations for the coming three years are lower than previously anticipated in our 2014
report (by between -4% and -7% year-on-year) the overall picture remains a long-term growth
story with the offshore helicopter industry expected to be relatively resilient as the majority
of demand will arise from ongoing production phase support.

The coming years will be an important time for the industry as a new generation of medium-class
helicopters, such as the H175 and AW189, are introduced. These have been developed to provide
higher crew capacity, power and range for a number of industries. These models are highly efficient
with new advanced safety systems and are, therefore, expected to perform well in the offshore arena.

This is 2nd edition of the World Offshore Oil & Gas Helicopters Market Forecast and covers
all key commercial themes relevant to players across the value chain:

- Key drivers – identification and discussion of key underlying drivers and their influence on the
offshore helicopter services market.
- Supply chain analysis – of contracting processes, helicopter fleet developments, new helicopter
models and helicopter procurement trends.
- Competitive landscape – covering both helicopter operators and helicopter OEMs.
- Regional analysis – summary of growth prospects, key buyers, competitive intensity
and typical contracting approach.
- Market forecasts – analysis of expenditure, supply and demand development by region
(Africa, Asia, Australasia, Latin America, Middle East, North America and Western Europe)
from 2015 to 2019.

Why purchase the World Offshore Oil & Gas Helicopters Market Forecast?

This report market forecasting is trusted by sector players worldwide, with clients including the
world’s top-10 oil & gas companies, top-10 oilfield services companies and top-10
private equity firms.

This report has developed a proprietary model of offshore helicopter spend which is based upon inputs
from our in-house project and drilling data, coupled with industry insight gained over nearly
25 years of industry consulting. This has included engagements across the globe for many
of the largest helicopter owners, operators and manufacturers. This collective insight is now
available as a published research product.

- Unique and proprietary data – updated continually from published sources and insight gained
from industry consultation.
- Methodology – the report uses research from in-house databases, as well as further
primary research, which involved consultations with E&P companies, helicopter operators
and helicopter OEMs to obtain the latest information on the offshore helicopters market.
- Market forecasts – comprehensive examination, analysis and five-year coverage of
expenditure levels, supply and demand from 2015 to 2019.
- Concise report layout – consistent with this report commitment to delivering value for our
clients, all our market forecasts have a concise layout consisting of industry background
and supporting materials condensed to enable quick review with ‘speed-read’ summaries
of key points throughout.
- An essential report – for financial institutions, E&P companies, helicopter leasing companies,
operators and OEMs, as well as agencies and organisations engaged in the offshore logistics
supply chain. These reports are expressly designed to help organisations to gain a better
understanding of where and when to make investment decisions.

Price

Single User PDF : £12,950
Single User Hardcopy : £12,950
Multi-User PDF (5 users) : £13,950
Multi-User Hardcopy (5 copies) : £13,950

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Search words (for official use only) :
Offshore Fixed & Floating Platform Population
Overview of Offshore Passenger Transportation
Selected Majors’ Oil Production 2002-2014
Eastern Europe & FSU Expenditure by Helicopter Type 2014-2019
Global Population Growth & Energy Demand, 1965-2035
Australasia Helicopter Expenditure 2010-2019
Latin America Expenditure Based on Helicopter Type 2015-2019
North America Helicopter Expenditure 2010-2019
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