CHC awarded new contracts and contract extensions in North Sea
09 July 2005 - 4:12AM
PR Newswire (US)
CHC awarded new contracts and contract extensions in North Sea
VANCOUVER, July 8 /PRNewswire-FirstCall/ -- CHC Helicopter
Corporation ("CHC") (TSX: FLY.SV.A and FLY.MV.B; NYSE: FLI) has
today signed a new five- year contract, plus two two-year options,
with Nexen Petroleum U.K. Limited for the provision of helicopter
services in support of Nexen's UK Central and Northern North Sea
operations. The service, including support for the Buzzard field
hook up and commissioning, will utilize a dedicated Super Puma
AS332L, plus AS332L flight hours from the CHC pool of aircraft.
This contract was awarded after a competitive bid process and
represents new work for CHC commencing September 1, 2005. CHC has
also been awarded a new two-year contract, plus three one-year
options, by The Peak Group, for the provision of helicopter
services from CHC's pool of Super Puma aircraft in support of
drilling programs in the Southern and Northern North Sea. The
contract is valued at approximately $2 million per annum. In
addition, CHC announces the following contract extensions: The
Irish Department of Communications, the Marine and Natural
Resources (Irish Coast Guard) has extended contracts for the
provision of emergency Search and Rescue helicopter services at
Dublin, Sligo and Shannon until June 30, 2007. Maersk Olie og Gas
AS has exercised an option to extend until June 30, 2006 a contract
for the provision of Super Puma helicopter services in the Danish
sector of the North Sea. Kerr-McGee has exercised an option to
extend for one additional year a contract for the provision of one
dedicated Super Puma Mk2 based in Aberdeen, Scotland. CHC
Helicopter Corporation is the world's largest provider of
helicopter services to the global offshore oil and gas industry,
with aircraft operating in more than 30 countries worldwide.
DATASOURCE: CHC Helicopter Corporation CONTACT: Jo Mark Zurel,
Senior Vice-President And Chief Financial Officer, (604) 276-7500;
Chris Flanagan, Director of Communications, (604) 279-2493,
340-7659; If you wish to be added to, or removed from, the
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