US-based helicopter player CHC Group has made a move to expand its footprint in the energy industry after agreeing a deal to take over the oil and gas wing of Babcock International.


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Irving, Texas-headquartered CHC said on Thursday it has entered into a conditional agreement to take Babcock’s business unit, which is based in the UK oil capital of Aberdeen.

Helicopter companies play a crucial role in keeping global offshore oil and gas operations running.

The deal is set to expand CHC’s offering in the North Sea, as Babcock’s oil and gas business unit offers crew transportation services in the UK and Denmark. It also offers services in Australia.

The Babcock unit currently employs around 500 people and has around 30 aircraft based out of three locations.

“The deal, which is subject to pre-closing conditions, is expected to complete in the second calendar quarter of 2021,” CHC said.

“It is intended that CHC will seek clearances for the transaction from antitrust authorities in the UK and Australia, though completion is not conditional upon such clearances being received.”

No deal value was provided.