Bristow

Bristow scores extensions from Equinor, Shell, Neptune

Business & Finance

Houston-based offshore helicopter operator Bristow Group has won four separate two-year contract extensions through April 2024 from Equinor, Shell, and Neptune.

S92 helicopter; Source: Bristow

Bristow said on Monday that the contracts were for air transportation crew change services for operations on the Norwegian Continental Shelf.

Equinor extended Bristow’s contract for two years with additional two one-year options to extend. Equinor, Shell, and Neptune also prolong the Bristow contract at Florø base for two years, with additional two one-year extension options.

The company has been an Equinor aviation partner for more than 20 years and will continue to use its fleet of S-92s to provide crew change flights out of Bristow’s bases in Bergen and Florø, Norway. The partnership with Neptune and Shell has been ongoing since May 2017. Bristow’s current contracts with the three companies were set to expire on 30 April 2022.

Heidi Wulff Heimark, Bristow managing director and account manager in Norway, said: “Our collaboration and working relationship with Equinor are true examples of what a partnership in our industry should look like.

We both share a strong commitment to efficiency and to the highest safety standards in providing critical transportation services in supporting exploration and production activities.

We are especially honoured by their trust and confidence in us with these contract extensions that will bring long-term stability and maintain service efficiencies“.

Equinor, Shell and Neptune Energy collaborate on flights from the Florø base, and Shell and Neptune have decided to also extend their contracts with Bristow in line with Equinor’s contract award.

To remind, Bristow has won a contract extension with Aker BP several months ago. Like the ones with Equinor, Shell, and Neptune, the company’s extension with Aker BP was for three years and will end in August 2024.

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It is worth mentioning that the helicopter operator also made changes to its executive leadership team structure to help it capitalise on new market conditions and the evolving energy transition.