Bond signs 10 year S92 contract with EnQuest

Bond signs 10 year S92 contract with EnQuest

26-Apr-2013 Source: Bond

Bond Offshore Helicopters Ltd (Bond), one of the UK’s leading providers of energy support services, is delighted to announce that it has been awarded a new contract with EnQuest PLC, the largest UK independent oil producer in the UK North Sea.

The contract is for up to ten years and it will provide crew change flights for EnQuest out of Aberdeen Airport. Services are due to begin on 1 May 2013, using a Sikorsky S-92 aircraft.

The aircraft is the second of 16 ordered by Bond’s parent company Avincis Group in 2011 and will initially operate under an arrangement with Bond’s sister company Norsk Helikopterservice (NHS).

Luke Farajallah, Managing Director, Bond Offshore Helicopters, said: “We are delighted to announce our first contract with EnQuest. This is a significant new relationship for Bond and demonstrates the importance of our strategy of operating a diverse fleet in the North Sea. We are looking forward to demonstrating to our new partner that they have made the right choice in nominating Bond Offshore Helicopters for this long term commitment. We are confident the offshore workforce will appreciate our passion for safe, customer focused operations”.

Richard Mintern, Chief Executive Officer, Northern Europe and Asia Pacific, Avincis Group said: “This win is the latest in a successful run for Bond following a number of new contracts recently awarded this year. Once again, Bond has been able to draw on the central resources of both the Avincis Group, as well as its Norwegian sister company NHS, in order to provide the best service for EnQuest once the service commences in May”.

About Bond Offshore Helicopters

Bond Offshore Helicopters provides crew change for the oil and gas industry, and Search and Rescue support, in the central and northern North Sea and west of Shetland.

Bond Offshore Helicopters is part of Avincis Group. Avincis is the world’s leading provider of mission critical aviation services. The Group’s mission is to save lives, protect the environment and provide safe transport for mission critical people and assets for public services and blue chip corporations.

Avincis has a global footprint, which includes the UK, Spain, Italy, France, Portugal, Ireland, Norway, Australia, Chile and Peru. The Group operates around 350 aircraft, from 295 bases in ten countries. Avincis employs almost 3,000 people worldwide and in 2011 had a turnover of €521 million (£421 million). The Group is headquartered in London.

About EnQuest

EnQuest is the largest UK independent producer in the UK North Sea. EnQuest PLC trades on both the London Stock Exchange and the NASDAQ OMX Stockholm. It is a constituent of the FTSE 250 index. Its assets include the Thistle, Deveron, Heather, Broom, West Don, Don Southwest and Conrie producing fields and the Alma and Galia development. At the end of 2012, including the licences EnQuest was offered through the UK’s 27th Licensing Round, EnQuest had interests in 39 production licences covering 55 blocks or part blocks in the UKCS, of which 31 licences are operated by EnQuest. In addition, EnQuest also has an interest in two blocks offshore in Sabah, Malaysia.

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