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Wed, May 04, 2011

Long-Term Contract Renewed By Bristow Group For Two Large Helos In Norway

Contract Potentially Worth In Excess Of $167 Million In Revenue

A renewal contract worth more than $167 million has been awarded to Bristow Group for work in Norway, the company announced Tuesday.


Sikorsky S-92 File Photo

William E. Chiles, President and Chief Executive Officer, said, "Our recent success in renewing this long-term contract with a key customer reinforces our long-term commitment to the Norwegian market. It also demonstrates that customers value our differentiated service capabilities provided by our unique Target Zero programs with specific delivery focus on zero accidents, zero downtime, and zero complaints."  

The existing five-year contract was extended after a bid competition for another five-year term, which commences in early 2013, with the option to extend it for an additional three periods of one year each. Bristow will provide two dedicated Sikorsky S-92 large helicopters operating from Bristow's Sola base in Stavanger, Norway beginning in March 2013.

FMI: www.bristowgroup.com

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