Waypoint Sees Near-term Lift for Offshore Helo Market | Aviation International News

Waypoint Sees Near-term Lift for Offshore Helo Market

Near-term outlook is now “optimistic, buoyed by OPEC’s announcement to cut production followed by non-OPEC producers vowing to do the same."

By Mark Huber • Contributor

January 31, 2017

Waypoint Leasing is forecasting a near-term recovery for the offshore helicopter market based on fourth-quarter developments in the global energy outlook. Ian Gurekin, Waypoint's chief risk officer, said yesterday that the near-term outlook is now “optimistic, buoyed by OPEC’s announcement to cut production followed by non-OPEC producers vowing to do the same. Several of the major oil companies have taken advantage of the current environment by securing investment deals, committing to new offshore blocks and increasing exploration and drilling activity.”

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