Bristow

Bristow scores contract extension with Aker BP in Norway

Business & Finance

Offshore helicopter operator Bristow Group has won a contract extension with Aker BP to support air transportation crew change services for their operations on the Norwegian continental shelf.

Source: Bristow

Bristow Group said on Thursday that the extension was for three years and that it would end in August 2024.

The company has been an Aker BP aviation partner for more than 15 years and will use its fleet of existing S-92s in Norway to provide crew change flights out of Bristow’s base in Sola, Norway.

Bristow’s current contract with Aker BP expires on 31 August 2021. The contract extension includes an option to extend another year.

Heidi Wulff Heimark, Bristow managing director and accountable manager in Norway, said: “Aker BP was a great partner in this process and took a long-term business approach to their procurement of these safety-critical services.

We are committed to providing the safest and most efficient service to Aker BP in support of their exploration and production activities.

We are especially honoured by their trust and confidence in us and that this contract extension will bring long-term stability and maintains efficiencies in the service“.

As for Aker BP, it explores, develops fields, and produces oil and gas on the Norwegian continental shelf. They are the operator of the Alvheim, Ivar Aasen, Skarv, Ula, and Valhall field centres, and a partner in the Johan Sverdrup field.

In its latest report announced on Wednesday, Aker BP booked a $127 million profit and saw higher income in the first quarter of the year due to higher realised prices and an increase in sold volume compared to the previous quarter.