Old 30th Sep 2014, 13:02
  #44 (permalink)  
Non-Driver
 
Join Date: Aug 2007
Location: Cyberspace
Posts: 123
BRS just put this out - same, different or related ?


Bristow Group Announces Multi-Year Contracts Including New Clients And New Markets


Contracts expected to generate in excess of $2.8 billion in revenue


HOUSTON, Sept. 30, 2014 /PRNewswire/ -- Bristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the offshore energy industry, announced today in advance of the Johnson Rice Energy Conference, that since the beginning of calendar year 2014, it has secured several renewal and new multi-year contracts for oil and gas and search and rescue operations (SAR). These contracts provide for a total of 31 large and five medium helicopters and are expected to generate in excess of $2.8 billion in revenue over the current life of the contracts.

Jonathan E. Baliff, President and Chief Executive Officer, commented, "We continue to enter new markets by creating a more integrated logistics solution for our global clients. The renewal of existing contracts in Canada that were not previously disclosed and the securing of new contracts in new markets like the Falklands are proof of our ability to expand through a complete and differentiated suite of point to point transportation services. These successes derive from the innovation and close coordination that our operations, commercial, and finance teams bring to our clients every day, worldwide. These contract wins also exemplify the strong demand we continue to see for offshore logistics services, specifically as it relates to the increasing number of deepwater production facilities across the globe."
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