Offshore News

Unite union denies North Sea helicopter campaign is a cheap stunt

Unite union denies North Sea helicopter campaign is a cheap stunt

21-Nov-2013Source: STV

Safety consultant Ronnie  McDonald also said the issues raised by Unite are already being addressed by the Helicopter Safety Steering Group, which features the offshore unions, including Unite.  See full story... Read more

Bristow to hold Investor Day for updates on Brazilian market and Lider Aviacao

Bristow to hold Investor Day for updates on Brazilian market and Lider Aviacao

18-Nov-2013Source: Bristow Group

Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, will host an Investor Day in New York City on Thursday, November 21, beginning at 8:30 a.m. and concluding at approximately 1:30 p.m. The company plans to highlight its partner Lider’s operations in Brazil and the country’s aviation growth... Read more

Abu Dhabi Aviation to take delivery of first Bell 412EPI

Abu Dhabi Aviation to take delivery of first Bell 412EPI

18-Nov-2013Source: Bell

Bell Helicopter, a Textron Inc. company (NYSE: TXT), is pleased to announce the upcoming delivery of the first Bell 412EPI helicopter in the world to Abu Dhabi Aviation for offshore oilfield support in the United Arab Emirates (UAE). “The Bell 412 platform has been a vital part of our operations for many years. We chose... Read more

Waypoint Leasing to triple workforce in Ireland

Waypoint Leasing to triple workforce in Ireland

18-Nov-2013Source: Irish Times

Alan Jenkins, the company’s chief financial officer, told The Irish Times that Waypoint plans to increase its headcount in Limerick from seven currently to 20 by the end of 2014.  See full story... Read more

Gulf Helicopters signs firm order for 15 AW189s

Gulf Helicopters signs firm order for 15 AW189s

17-Nov-2013Source: AgustaWestland

AgustaWestland, a Finmeccanica company, is pleased to announce that Gulf Helicopters of Qatar has signed firm orders for fifteen AW189 helicopters. This signing follows the preliminary sale contract announced in early 2012, confirming customer’s commitment to this new generation model. The first two aircraft are planned to be delivered to the customer in 2014 and... Read more

Bristow Group To Present At The Barclays Select Growth Conference

Bristow Group To Present At The Barclays Select Growth Conference

15-Nov-2013Source: Bristow Group

Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, today announced that the Company will be attending the Barclays Select Growth Conference held in New York City on November 18 – 20, 2013. Jonathan Baliff, Senior Vice President and Chief Financial Officer, is scheduled to present on Monday, November 18, at 8:20 a.m. Central Time (9:20 a.m.... Read more

PHI flies first Rig Approach™ Customer Flights in the S-92

PHI flies first Rig Approach™ Customer Flights in the S-92

14-Nov-2013Source: Sikorsky

Sikorsky Aircraft Corporation and PHI Inc. announced today the completion of the first operational flights of the new “Rig Approach” system, a first of its kind functionality on the S-92®helicopter that provides helicopter operators with an automated approach to offshore rigs and platforms.  The flights occurred yesterday. Earlier this year, two FAA Demonstration test flights... Read more

PHi announces 2013 Q3 results to 30th September 2013

PHi announces 2013 Q3 results to 30th September 2013

12-Nov-2013Source: PHi

-PHI, Inc. (The Nasdaq Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended September 30, 2013. Operating revenues for the three months ended September 30, 2013 were $200.8 million, compared to $170.9 million for the three months ended September 30, 2012, an increase of $29.9 million. Consolidated net income for... Read more

Union campaign sends strong message to North Sea operators

Union campaign sends strong message to North Sea operators

10-Nov-2013Source: Unite

Unite’s Back Home Safe campaign was formally launched in Aberdeen by Tommy Campbell, Unite Regional Officer, and Chris Gordon from Thompson’s Solicitors. In attendance were Unite representatives from throughout the Oil & Gas Industry. The importance of the campaign was emphasised by Tommy who demanded that Oil and Gas UK take immediate and meaningful action.... Read more

Bristow reports financials for FY2014 Q2 to 30th September 2013

Bristow reports financials for FY2014 Q2 to 30th September 2013

8-Nov-2013Source: Bristow Group

Bristow Group Inc. (NYSE: BRS) today reported net income for the September 2013 quarter of $110.6 million, or $3.01 per diluted share, compared to net income of $29.7 million, or $0.82 per diluted share, in the same period a year ago. The results for both the quarter and six-month period include a significant gain on the sale of the FB Entities, an unconsolidated U.K. affiliate, of $103.9... Read more

Bristow Group Announces Quarterly Dividend

Bristow Group Announces Quarterly Dividend

7-Nov-2013Source: Bristow Group

Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today that its Board of Directors approved a quarterly dividend of $0.25 per share of common stock issued and outstanding at the close of business on November 29, 2013 (the “Record Date”). The dividend will be payable on December 13, 2013 to stockholders of record... Read more

Bristow Group to present at the Jefferies 2013 Global Energy Conference

Bristow Group to present at the Jefferies 2013 Global Energy Conference

6-Nov-2013Source: Bristow Group

Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, today announced that the Company will be attending the Jefferies 2013 Global Energy Conference held in Houston on November 12 – 13,  2013. Jeremy Akel, Senior Vice President Global Operations and Jonathan Baliff, Senior Vice President and Chief Financial Officer, are scheduled to present onWednesday, November... Read more

UK union launches “Back Home Safe” North Sea safety campaign

UK union launches “Back Home Safe” North Sea safety campaign

6-Nov-2013Source: HeliHub.com

Unite the union have invited media to the launch on Wednesday 6th November of their ‘Back Home Safe’ campaign which calls for immediate improvements to the safety of offshore helicopter flights on the North Sea.  The union’s demands which reflect the wishes and concerns of Unite members and the wider offshore workforce call for; Safer emergency... Read more

New operator Atlantic Aviation starts offshore flights in Nigeria

New operator Atlantic Aviation starts offshore flights in Nigeria

5-Nov-2013Source: Daily TImes

Atlantic Aviation, an indigenous company wholly owned by Jagal Group with technical service support given by CHC, completed its first commercial offshore flight for Total Exploration &Production Nigeria Limited off the Nigerian coast.  See full story... Read more

Designer’s concept presented for Offshore memorial (including Cougar 491)

Designer’s concept presented for Offshore memorial (including Cougar 491)

5-Nov-2013Source: Newfoundland Government

Family members gathered at Quidi Vidi Lake, the site of the future memorial to the victims of Cougar 491 and the 1985 Universal Helicopter crashes, as the designer’s concept for the monument was presented. The proposal, put forward by artist Luben Boykov and landscape architect Frederick Hann, was chosen through competition by a committee of... Read more

Helibras receives delegation from Petrobras

Helibras receives delegation from Petrobras

4-Nov-2013Source: Helibras

Helibras received on Thursday (31), the company’s factory in Itajubá (MG), the visit of a delegation from Petrobras, led by Cristina Lucia Duarte Pinho – Executive Manager E & P that was accompanied by the managers of the areas of Logistics and Security Flight of the company. Greeted by Eduardo Marson, president of Helibras and... Read more

Bristow Employees Contribute to Fighting Breast Cancer

Bristow Employees Contribute to Fighting Breast Cancer

3-Nov-2013Source: Bristow Group

Led by Senior Vice President of Administration Hilary Ware, employees in Bristow’s corporate office collectively raised $10,250 in support of the Susan G. Komen Race for the Cure 5k held in Houston. The amount exceeded the team’s personal fundraising goal of $10,000. The money raised benefits the local Susan G. Komen for the Cure and... Read more

Global Vectra plans on reconvening AGM

Global Vectra plans on reconvening AGM

30-Oct-2013Source: HeliHub.com

Following the farcical abandonment of the first version of their Annual General Meeting on 26th September (see HeliHub.com article), Global Vectra today issued the following statement to the Bombay Stock Exchange: Global Vectra Helicorp Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 11, 2013, has... Read more

Macquarie Rotorcraft Leasing contracts for two S-92s and two S-76Ds

Macquarie Rotorcraft Leasing contracts for two S-92s and two S-76Ds

29-Oct-2013Source: Sikorsky

Macquarie Rotorcraft Leasing, the helicopter operating leasing business of Macquarie Group, has contracted to acquire two S-92A(TM) and two S-76D(TM) helicopters from Sikorsky Aircraft Corp. along with an unspecified number of options to acquire additional aircraft. The four new helicopters will be configured initially for the oil and gas service markets. Sikorsky Aircraft is a... Read more

Waypoint Leasing appoints Managing Director of Capital Markets & Treasury

Waypoint Leasing appoints Managing Director of Capital Markets & Treasury

29-Oct-2013Source: Waypoint Leasing

Waypoint Leasing (Ireland) Limited (“Waypoint”), a leading global helicopter leasing company, today announced that Oliver Althoff, former Director of Transportation Lending at CIT Group, will join Waypoint as Managing Director of Capital Markets & Treasury, effective November 11, 2013. Mr. Althoff will be responsible for leading the development and execution of Waypoint’s debt financing strategy... Read more

Sumburgh AS332L2 accident – seriously injured oil worker instructs lawyers

Sumburgh AS332L2 accident – seriously injured oil worker instructs lawyers

28-Oct-2013Source: Irwin Mitchell

An offshore oil worker seriously injured in a fatal Super Puma helicopter crash off the coast of Shetland in August has spoken of his need for answers about the cause of the tragedy, as a memorial service is held to remember those who died in the incident. James Nugent, 41, from Newquay, suffered a spinal... Read more

Statement from Oil & Gas UK on AAIB Special Bulletin

Statement from Oil & Gas UK on AAIB Special Bulletin

21-Oct-2013Source: Oil & Gas UK

The Air Accidents Investigation Branch (AAIB) has issued Special Bulletin S7/2013 as part of its on-going investigation into the tragic L2 helicopter accident on 23 August 2013 off Sumburgh Head, Shetland. The bulletin states that “to date, the wreckage examination and analysis of the recorded data have not found any evidence of a technical fault... Read more

HSSG response to AAIB special bulletin

HSSG response to AAIB special bulletin

21-Oct-2013Source: Step Change in Safety

The AAIB  has issued a second special bulletin as part of its on-going investigation into the tragic helicopter accident on 23rd August off Sumburgh Head. Step Change in Safety’s Helicopter Steering Group (HSSG) welcomes this second bulletin and acknowledges the additional information that it contains. The first bulletin from the AAIB issued on 5th September... Read more

North Sea CHC AS332 accident – AAIB point firmly at pilot error

North Sea CHC AS332 accident – AAIB point firmly at pilot error

21-Oct-2013Source: HeliHub.com

The crash of a CHC Eurocopter AS332L2 Super Puma 1.5 nm west of Sumburgh Airport on 23 August 2013 as drawn a lot of comment and speculation. The British aircraft investigators – the Air Accicent Investigation Branch (AAIB) have issued a second bulletin on the accident – S7/2013 – AS332 L2 Super Puma, G-WNSB  – now come... Read more

HAI advances HUMS initiatives in UK

HAI advances HUMS initiatives in UK

18-Oct-2013Source: HAI

During the week of September 23, Ed DiCampli, executive vice president of HAI; and Dave Green, health and usage monitoring systems (HUMS) program manager for HAI, traveled to London to attend Helitech and meet with safety experts, HUMS design engineers, and regulatory personnel. Prominent in this group were Bob Sheffield, AgustaWestland senior advisor, safety and... Read more

Bond Helicopters Australia launches with five-year offshore contract

Bond Helicopters Australia launches with five-year offshore contract

15-Oct-2013Source: Avincis Group

Bond Helicopters Australia Pty Ltd (Bond) today formally celebrated the launch of its new business providing offshore helicopter services to the energy industry in Australia, one of the fastest growing offshore markets in the world. Representatives of State and Federal Governments, oil and  gas companies and the aviation industry were among the guests at a... Read more

Bristow Group announces FY2014 Q2 earnings release and concall schedule

Bristow Group announces FY2014 Q2 earnings release and concall schedule

14-Oct-2013Source: Bristow Group

Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the worldwide offshore energy industry, announced today it will release financial results for its fiscal year 2014 second quarter ended September 30, 2013, after the market closes on Thursday, November 7.  In conjunction with the release, Bristow has scheduled a conference call, which will... Read more

KKR Invests in Weststar Aviation Services

KKR Invests in Weststar Aviation Services

11-Oct-2013Source: KKR

Weststar Aviation Services Sdn Bhd (“Weststar” or the “Company”) today announced that KKR, a leading global investment firm with more than US$83.5 billion in assets under management, has invested approximately RM642 million (US$200 million) for a substantial minority equity stake in the Company. This will be KKR’s first investment in Malaysia. Additional terms of the... Read more

Maiden flight of first production AW189

Maiden flight of first production AW189

10-Oct-2013Source: AgustaWestland

AgustaWestland, a Finmeccanica company, is pleased to announce that the first production AW189 8 tonne class twin engine helicopter performed its maiden flight at Vergiate plant (Italy) today. The aircraft is expected to be delivered to Bristow Helicopters Ltd. by year end to carry out offshore transport missions in the North Sea, with operational readiness... Read more

Bristow Group prepares to quit Alaska

Bristow Group prepares to quit Alaska

7-Oct-2013Source: HeliHub.com

Bristow Group have decided to close operations in Alaska, where they currently operate three bases at Fairbanks, Valdez, and Deadhorse.  In a recent statement to employees, SVP of Global Operations Jeremy Akel cited the seasonal nature of the work there as being a factor, along with “providing services that are not aligned with [the company’s] desire... Read more

Global Vectra Helicorp AGM ends in chaos

Global Vectra Helicorp AGM ends in chaos

6-Oct-2013Source: HeliHub.com

In a short but telling update on the Bombay Stock Exchange website, with the understated title of “Adjournment of AGM” is the following statement Global Vectra Helicorp Ltd has informed BSE that the 15th Annual General Meeting of the members of the Company which was held on September 27, 2013 had to be adjourned due... Read more

Bristow issue statement on S92 North Sea emergency landing

Bristow issue statement on S92 North Sea emergency landing

4-Oct-2013Source: Bristow Helicopters

Holding Statement – Precautionary Landing in the Norwegian Sector Date: Friday 4 October 2013    Time: 2030 hrs Bristow Helicopters Ltd can confirm that one of its Sikorsky S-92 helicopters operating out of Stavanger, Norway, made a safe precautionary landing on an offshore installation after a cockpit warning light illuminated at approximately 1700 hrs today, Friday... Read more

EC225 grounding cost Bond £4.17M

EC225 grounding cost Bond £4.17M

3-Oct-2013Source: Business Insider

The company notes in full-year accounts filed with Companies House, the grounding of the Eurocopter EC225’s “resulted in reduced flying activity and revenue and also additional non-recurring costs”.  See full story... Read more

Everett Aviation certifies first AW139s in Tanzania

Everett Aviation certifies first AW139s in Tanzania

2-Oct-2013Source: AgustaWestland

AgustaWestland, a Finmeccanica company, is pleased to announce that Bristow and Everett Aviation have taken delivery two AW139s and the aircraft have been the first to be certified for operations in Tanzania. Representatives from the Tanzanian Civil Aviation Authority have completed training in the United States and will be licensed to certify future AW139s in-country.... Read more

Abu Dhabi sees launch of first offshore SAR/EMS helicopter

Abu Dhabi sees launch of first offshore SAR/EMS helicopter

2-Oct-2013Source: Gulf Today

In a ceremony held on Monday at the Abu Dhabi Police GHQ, the Deputy Prime Minister and Minister of Interior inspected the first civil air ambulance helicopter for emergency rescue operations from onshore and offshore oilfields and facilities in Abu Dhabi – a Bell 412EP.  See full story... Read more

Bristow Group names new VP and Chief Safety Officer

Bristow Group names new VP and Chief Safety Officer

1-Oct-2013Source: Bristow Group

Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the offshore energy industry, announced today that it has appointed Steve Predmore Vice President and Chief Safety Officer responsible for providing leadership and technical expertise to Bristow’s global operations related to safety, safety auditing, health and environmental matters. Bristow President and CEO Bill... Read more

Bond SAR crew wins Edward and Maisie Lewis Award

Bond SAR crew wins Edward and Maisie Lewis Award

1-Oct-2013Source: Bond Offshore Helicopters

A Bond Offshore Helicopters (Bond) Search and Rescue (SAR) crew has received an award for its key role in a dramatic North Sea rescue last December. The Edward and Maisie Lewis award honours SAR winchmen, winch operators and pilots who have shown outstanding skill and courage in carrying out an air/sea rescue. As part of... Read more

Thales to deliver helicopter training services in Norway

Thales to deliver helicopter training services in Norway

27-Sep-2013Source: Thales

Thales announced that it is opening a Helicopter Training Centre near Stavanger’s airport Sola in 2015. The Thales Training Centre will answer the increasing demand for local training services for Oil & Gas helicopter operators and will be operated by Thales Norway. The training will be based on Norwegian flight scenarios and will apply the... Read more

North Sea operators join for their own safety review

North Sea operators join for their own safety review

27-Sep-2013Source: Bond/Bristow/CHC

Offshore helicopter operators Avincis Group, Bristow Group and CHC Helicopter announced today they have launched a review of safety practices that will deepen their commitment to share best practices and consistently operate at the highest possible level of safety. The three companies leading this effort will reach out to other helicopter operators to encourage them... Read more

Gulf Helicopters’ AW139 fleet passes 40,000 hour milestone

Gulf Helicopters’ AW139 fleet passes 40,000 hour milestone

26-Sep-2013Source: AgustaWestland

AgustaWestland, a Finmeccanica company, is pleased to announce that the AW139 intermediate twin engine helicopter fleet operated by Gulf Helicopters of Qatar has achieved the milestone of 40,000 flight hours. Gulf Helicopters is one of the largest AW139 operators worldwide and a prime player in the Middle East with 15 helicopters of this type already... Read more

Avincis signs for one AW139 and two AW189s

Avincis signs for one AW139 and two AW189s

26-Sep-2013Source: AgustaWestland

AgustaWestland, a Finmeccanica company, is pleased to announce the signature of a contract for three aircraft from the AgustaWestland Family of new generation helicopters including one AW139 intermediate and two AW189 8 ton class twin engine helicopters. Furthermore contracts for two AW169 light intermediate helicopters out of a total of five preliminary agreements for the... Read more

Gulf Helicopters appointed AW139 Authorized Training Centre in Qatar

Gulf Helicopters appointed AW139 Authorized Training Centre in Qatar

26-Sep-2013Source: AgustaWestland

AgustaWestland, a Finmeccanica company, is pleased to announce the establishment of Gulf Helicopters as an AgustaWestland Authorised Training Centre.  Doha-based Gulf Helicopters provides training services using an AW139 Level B Full Flight Simulator (FFS) certified by the UK’s CAA as a FFS as per JAR-FSTD H to Level B which incorporates the latest technical advancements... Read more

Union says North Sea safety is “too little, too late”

Union says North Sea safety is “too little, too late”

25-Sep-2013Source: BALPA

Please see below a comment from the British Airline Pilots’ Association (BALPA) on today’s announcement that the Civil Aviation Authority (CAA) will be conducting a review into North Sea aviation safety. ‘We will  consult with those members currently operating in the North Sea as to their views on the effectiveness of a CAA-led review, but... Read more

Oil & Gas UK welcomes review of North Sea operations

Oil & Gas UK welcomes review of North Sea operations

25-Sep-2013Source: Oil & Gas UK

Robert Paterson, Oil & Gas UK’s health, safety and employment issues director, said: “Oil & Gas UK welcomes the CAA’s review of offshore helicopter operations in the North Sea and we and our members stand ready to engage fully in the process. As the CAA highlights in its announcement, considerable efforts have already been made... Read more

UK and Norwegian authorities join with EASA for North Sea safety review

UK and Norwegian authorities join with EASA for North Sea safety review

25-Sep-2013Source: UK CAA

The CAA is undertaking a review of North Sea helicopter operations. It will be a joint review with the Norwegian CAA and the European Aviation Safety Agency (EASA) and advised by a panel of independent experts. It will study current operations, previous incidents and accidents and offshore helicopter flying in other countries to make recommendations... Read more

Avincis buys three new EC225s

Avincis buys three new EC225s

25-Sep-2013Source: Eurocopter

Avincis Group (Avincis), the world’s leading provider of aerial services for mission critical operations, and Eurocopter today announced the purchase of three new EC225 helicopters. The helicopters will be used by Avincis’ subsidiary Bond Helicopters Australia (Bond) to service its multi-million dollar, five year contract with the PTTEP Australasia Group of Companies, part of Thailand’s... Read more

Bristow Group To Present At The Johnson Rice Energy Conference

Bristow Group To Present At The Johnson Rice Energy Conference

23-Sep-2013Source: Bristow Group

Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, today announced that the Company will be attending the Johnson Rice Energy Conference to be held in New Orleans, September 30 – October 2, 2013. Jonathan Baliff, Senior Vice President and Chief Financial Officer of Bristow Group, is scheduled to present on Monday, September 30, at 2:05 p.m. Central... Read more

Bristow to be Platinum Sponsor of IHST Safety Symposium

Bristow to be Platinum Sponsor of IHST Safety Symposium

23-Sep-2013Source: Bristow Group

Bristow Group will be the Platinum Sponsor for The International Helicopter Safety Team’s (IHST) Seventh International Helicopter Safety Symposium. This event for safety professionals will take place Feb. 27-28, 2014, in Anaheim, Calif., immediately following the close of Heli-Expo 2014. The IHST, which promotes safety and works to reduce civil helicopter accidents worldwide, was formed... Read more

Bristow SVP Hillary Ware takes $1.74M in options profits

Bristow SVP Hillary Ware takes $1.74M in options profits

21-Sep-2013Source: HeliHub.com

Bristow Group SVP of Administration Hillary Ware exercised two tranches of share options in the last 10 days 11th September – 12,168 options exercised at $32.90 and 9,720 at $30.16 and sold together at $70.181 (SEC filing) 16th September – 8,331 options exercised at $32.90 and 24,288 and sold at $70.00 (SEC filing) This equates... Read more

$5.5M profit for Bristow CEO in share options sales

$5.5M profit for Bristow CEO in share options sales

20-Sep-2013Source: HeliHub.com

Bristow Group CEO William Chiles exercised three tranches of share options in the last 10 days 11th September – 70,900 options exercised at $32.90 and sold at $70.1838 (SEC filing) 16th September – 3,189 options exercised at $32.90 and 24,288 at $30.16 and sold together at $70.0018 (SEC filing) 17th September.   25,000 options exercised at $35.06 and... Read more

Bristow (story replaced, see link)

Bristow (story replaced, see link)

20-Sep-2013Source: HeliHub.com

Story replaced by….    $5.5M profit for Bristow CEO in share options sales... Read more

HeliHub.com launches free newsletter to Offshore rig support market

HeliHub.com launches free newsletter to Offshore rig support market

19-Sep-2013Source: HeliHub.com

HeliHub.com is today launching its fifth newsletter – this time for the Offshore operations sector of the industry, supporting oil/gas exploration and production.  HeliHub.com already publishes daily newsletters on News, Safety data and sector specific titles for the EMS and law enforcement sectors. Further titles are being planned. See details of all newsletters HERE HeliHub.com owner... Read more

Bristow (story replaced, see link)

Bristow (story replaced, see link)

16-Sep-2013Source: HeliHub.com

Story replaced by….    $5.5M profit for Bristow CEO in share options sales... Read more

Bristow SVP sells over $350K of company shares

Bristow SVP sells over $350K of company shares

16-Sep-2013Source: HeliHub.com

Bristow Group SVP Jeremy Akel sold 5,081 shares of Bristow Group stock on the open market in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $70.00, for a total value of $355,670.00. Following the transaction, Akel now directly owns 1,270 shares of the company’s stock. The sale was... Read more

MD of Bond Offshore Helicopters joins board of Oil & Gas UK

MD of Bond Offshore Helicopters joins board of Oil & Gas UK

14-Sep-2013Source: Oil & Gas UK

Oil & Gas UK, the representative organisation for the oil and gas industry, today announces new appointments to its board. The appointments are: • Eric D’Argentre, UK General Manager, Perenco UK • Luke Farajallah, Managing Director, Bond Offshore Helicopters [photo] • Martin Rune Pederson, Managing Director, VP, Maersk Oil UK • Andy Samuel, Managing Director... Read more

Bristow CFO sells over $700K of company shares

Bristow CFO sells over $700K of company shares

13-Sep-2013Source: HeliHub.com

Bristow CFO Jonathan Baliff sold a total of 10,186 shares of the company’s stock on the open market on Tuesday, September 10th. The average price realized was  $68.88, and a total transaction figure of $701,611.68 is reported. The chief financial officer now directly owns 4,750 shares in the company after this week’s sale, which was... Read more

UK Chancellor visits Bond HQ as part of government funding launch

UK Chancellor visits Bond HQ as part of government funding launch

13-Sep-2013Source: UK Treasury

The scheme is designed to create new private sector sources of lending for small and medium sized businesses, to fill the gap left by the reduction in bank lending. It has so far raised £5 of lending for every £1 of taxpayers’ money. Six new lending funds have been created by the scheme and are... Read more

TSB highlights importance of maintaining hands-on proficiency when flying automated aircraft

TSB highlights importance of maintaining hands-on proficiency when flying automated aircraft

12-Sep-2013Source: TSB

The Transportation Safety Board of Canada (TSB) today released its investigation report (A11H0001) into an incident where a Sikorsky S-92A operated by Cougar Helicopters Inc. inadvertently descended and came within seconds of striking the water in July 2011. “The aviation industry is increasingly relying on cockpit automation in its day-to-day operations,” said Daryl Collins, the Investigator-in-Charge. “Despite the many benefits of... Read more

HNZ offshore contract for Shell Philippines commences

HNZ offshore contract for Shell Philippines commences

12-Sep-2013Source: HNZ

HNZ recently embarked on the first flight of a multi-year contract in the Philippines in support of the Malampaya Deep Water Gas-to-Power Project. The AW139 helicopter is contracted to Shell Global Solutions International B.V. to provide crew change helicopter services from Manila and Puerto Princesa to Shell’s offshore petroleum platform. The contract, which commenced on... Read more

CHC reports Q1 results to 31 July 2013

CHC reports Q1 results to 31 July 2013

12-Sep-2013Source: CHC

CHC Helicopter reported a 10-percent increase in EBITDAR(i) in its fiscal first-quarter 2014, on revenue that was virtually flat with the same quarter a year ago. The results reflected continued improvement in the company’s operating efficiency. CHC’s revenue for the three months ending July 31 was $415 million, down $1 million from last year. The... Read more

Bristow announces New Multi-Year Contracts In Expanding Markets

Bristow announces New Multi-Year Contracts In Expanding Markets

11-Sep-2013Source: Bristow Group

Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the offshore energy industry, announced today that it has secured several new multi-year oil and gas contracts for the provision of a total of 12 large and three medium helicopters that are expected to generate up to $850 million in revenue. Six of the 12 large... Read more

COHC and Sikorsky celebrate order for two S-92s

COHC and Sikorsky celebrate order for two S-92s

8-Sep-2013Source: Sikorsky

China Helicopter Exposition — Sikorsky Aircraft and China’s CITIC Offshore Helicopter Company (COHC) today marked the purchase of two S-92® helicopters with a ceremonial signing at the China Helicopter Exposition.  Sikorsky Aircraft is a subsidiary of United Technologies Corp. (NYSE: UTX). Established in 1983, COHC is a publicly traded company based in Shenzhen, Guandong, China, where it is the largest provider of offshore... Read more

Bristow World – 2013 issue 2

Bristow World – 2013 issue 2

6-Sep-2013Source: Bristow Group

... Read more

NHV is looking for partners – but not for sale

NHV is looking for partners – but not for sale

5-Sep-2013Source: Express.BE

NHV has aspirations to expand into the Middle East and Far East, and into the windfarm market too.  Founders Eric Van Hal and Jef De Kinder are quoted as saying they are looking for business partners to aid the expansion, but are not looking to sell.  see full story... Read more

Weststar takes delivery of its 18th AW139

Weststar takes delivery of its 18th AW139

4-Sep-2013Source: AgustaWestland

AgustaWestland, a Finmeccanica company, today announced that Weststar Aviation Services of Malaysia has taken delivery of an additional AW139, bringing the total delivered of the type to 18 in support of Weststar’s offshore oil & gas transportation and VIP transport services. The aircraft, which was built at AgustaWestland’s Philadelphia facility in the United States, was... Read more

Bristow to present at Barclays CEO Energy-Power Conference

Bristow to present at Barclays CEO Energy-Power Conference

3-Sep-2013Source: Bristow Group

Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, today announced that the Company will be presenting at the Barclays CEO Energy-Power Conference to be held in New York City, September 11-13, 2013. William E. Chiles, President and Chief Executive Officer of Bristow Group, is scheduled to present on Wednesday, September 11, at 11:05 a.m. Eastern... Read more

CHC to release Q1FY14 results on Sept 11th; Investor Concall on 12th

CHC to release Q1FY14 results on Sept 11th; Investor Concall on 12th

3-Sep-2013Source: CHC

CHC Helicopter expects to release its fiscal-year 2014 first-quarter financial results, for the period ended July 31, after market close on Wednesday, Sept. 11. CHC senior leaders will discuss the company’s strategy and operating performance during a conference call and webcast on Thursday, Sept. 12, at 5:00 p.m. Eastern Time. Investors, members of the news... Read more

200th Sikorsky S92 delivered to Bristow Helicopters

200th Sikorsky S92 delivered to Bristow Helicopters

3-Sep-2013Source: HeliHub.com

Yesterday, Bristow Helicopters took delivery at Aberdeen of the 200th Sikorsky S92 after it had been ferried from Prestwick Airport following airfreight from the US. Test flown as N200BV and now registered in the UK as G-GALC, the aircraft will join the North Sea fleet in the coming days. It also carries large “200th S92”... Read more

AAIB reports CHC AS332L2 was “intact and upright” when it hit the water

AAIB reports CHC AS332L2 was “intact and upright” when it hit the water

2-Sep-2013Source: AAIB

At 1717 hrs UTC on 23 August 2013, an AS332 L2 Super Puma helicopter crashed into the sea whilst on approach to Sumburgh Airport in the Shetland Islands. Four of the 18 occupants lost their lives. The AAIB immediately despatched a team of investigators and support staff to Aberdeen and the Shetland Islands. In accordance... Read more

Oil & Gas UK Comments on HSSG’s Recommendation to Return Helicopters to Flight

Oil & Gas UK Comments on HSSG’s Recommendation to Return Helicopters to Flight

1-Sep-2013Source: Oil & Gas UK

Oil & Gas UK’s chief executive, Malcolm Webb, said: “We commend the HSSG’s thorough review of this situation and the agreement which has been reached today. Oil & Gas UK is in complete alignment with this agreement, including the decision to return the aircraft in question to flight in a phased and proper manner and... Read more

HSSG recommends end of Super Puma flight suspension

HSSG recommends end of Super Puma flight suspension

1-Sep-2013Source: HSSG

On Saturday 24 August, Step Change in Safety’s Helicopter Safety Steering Group (HSSG) took the precautionary measure of taking a time out for safety by recommending temporary cessation of all commercial passenger flights of the AS332 L, L1, L2 and EC225 variant of helicopter to and from offshore oil and gas installations within the UK, following the... Read more

Everett Aviation is awarded major contract by Statoil

Everett Aviation is awarded major contract by Statoil

30-Aug-2013Source: Everett Aviation

Norwegian Energy producer, Statoil, has awarded a multi-year contract for helicopter services to Everett Aviation in Tanzania. Everett will lease three AW139 helicopters from the Bristow Group in support of Statoil’s drilling operations offshore Tanzania and Mozambique. Two aircraft will be used for crew change work whilst the third will be a high specification, dedicated,... Read more

Bristow to present at the 15th Annual Hodges Capital Investment Forum

Bristow to present at the 15th Annual Hodges Capital Investment Forum

29-Aug-2013Source: Bristow Group

Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, today announced that the Company will be presenting at the 15th Annual Hodges Capital Investment Forum to be held in Dallas, TX August 29, 2013. Jonathan E. Baliff, Senior Vice President and Chief Financial Officer of Bristow Group, is scheduled to present on Thursday, August 29, at 10:40... Read more

MAKS 2013 – Vertical de Aviacion signs for five Mi-171A1s and five Ka-62s

MAKS 2013 – Vertical de Aviacion signs for five Mi-171A1s and five Ka-62s

28-Aug-2013Source: Russian Helicopters

Russian Helicopters, a subsidiary of Oboronprom, part of State Corporation Rostec and a leading global designer and manufacturer of helicopters, and Colombia’s Vertical de Aviacion today signed agreements for five Mi-171A1s and five Ka-62s at the MAKS 2013 International Aviation and Space Salon. Vertical de Aviacion plans to deploy the Mi-171A1s in Mexico for cargo and passenger flights, while... Read more

Oil & Gas UK discusses impact of temporary Super Puma suspension

Oil & Gas UK discusses impact of temporary Super Puma suspension

27-Aug-2013Source: Oil & Gas UK

Oil & Gas UK held a meeting in Aberdeen today (Monday 26 August) to discuss the operational impact of the temporary suspension of Super Puma helicopters following the crash of an L2 model on Friday with the tragic loss of four lives and injury to others. There were 80 representatives of oil and gas operators... Read more

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