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What's happening in CHC?

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What's happening in CHC?

Old 14th Mar 2017, 09:38
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Good luck
Indeed - in this case I think people have had at least 2 years warning even if you did nothing more sophisticated than read this thread.
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Old 14th Mar 2017, 09:48
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Terrible news being reported on another thread. The loss of an Irish SAR S92. That is a CHC contract.
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Old 14th Mar 2017, 22:29
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Worthless shares can have a value if somebody needs them, for example having sold short.
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Old 24th Mar 2017, 23:40
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CHC have now officially exited CH 11.
Until the next time
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Old 25th Mar 2017, 08:06
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Roundwego, I'm sure plenty of others will go through it before CHC does again. And many others would like to.
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Old 26th Mar 2017, 11:30
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1 Billion plus debt Holders are now owners...Is that right?
Hope they all have a long term view on this Bad Boy!
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Old 22nd Sep 2017, 03:39
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Originally Posted by Mitchaa
Certainly is, and they could use some as they have been pretty quiet since exiting Ch11. Strange PR, to reference SAR expertise with the Irish thing still smarting and then Kazakhstan where they've never done any longlining (some level 2 winching though). Didn't they do a pretty good job suppprting German wind farms out of Den Helder? Why not make hay from that?
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Old 16th Jun 2020, 12:59
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Originally Posted by Mitchaa
https://www.energyvoice.com/oilandga...aberdeen-jobs/

Didnít they just have a global clear out and optimisation at the tail end of last year? This link suggests that 47 UK staff will go. Would suspect that the majority of this is linked to the ShellNam contract loss in the southern North Sea but still 20+ being touted from Aberdeen also.

The press release from Babcock last week suggesting the North Sea O&G operations is a sinking ship and they plan not to invest in it much further. Covid is clearly a driver at the moment and looks like itís a race to the bottom again in pricing. Must be NHV?

All the best to those who are involved (Yet again)
Maybe NHV just have the correct streamlined business model for the north sea and not the fat corporate structure everyone else has
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Old 16th Jun 2020, 17:01
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Not sure if this is old news

NHV Group, a provider of B2B helicopter services, recently announced it has signed a five-year contract extension with Ithaca Energy (U.K.) Limited, providing aviation services to the Ithaca Energy Group’s operated FPF-1 installation, Alba, Captain and Erskine fields in the Scottish North Sea. The extension covers seven day-a-week coverage out of Aberdeen and will start in January 2021.
This extension is a direct result of NHV’s continued commitment to safety and top-class service for our client and their passengers. We thank Ithaca Energy for their continued trust in NHV and we look forward to supporting them in the years ahead,” said Jamie John, NHV’s base manager in Aberdeen.
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Old 9th Mar 2021, 03:23
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The rumour is that itís getting down to the wire re industrial action for CHC Australia pilots.

Any news?
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Old 9th Mar 2021, 05:29
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Originally Posted by Nescafe
The rumour is that itís getting down to the wire re industrial action for CHC Australia pilots.

Any news?
I hear that CHC didnít get the Beach Energy contract out of Tooradin because of the industrial action.

A rumour perhaps?
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Old 9th Mar 2021, 08:33
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Originally Posted by SAR driver
I hear that CHC didnít get the Beach Energy contract out of Tooradin because of the industrial action.

A rumour perhaps?
Not a rumour. A complete and utter lie.
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Old 20th Sep 2022, 14:46
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Hearing rumours of a few immediate departures in the SLT of CHC Scotia today including the RD.

Anyone know if true or not?
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Old 20th Sep 2022, 16:40
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Norwegian authorities suspend CHC's AOC in Norway due lack of Accountable Manager - https://www.dagsavisen.no/rogalandsa...r-lederavgang/
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Old 20th Sep 2022, 20:13
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Makes you wonder what else they are "not doing"?
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Old 21st Sep 2022, 10:38
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Originally Posted by vee_why
Norwegian authorities suspend CHC's AOC in Norway due lack of Accountable Manager - https://www.dagsavisen.no/rogalandsa...r-lederavgang/
Makes sense then. Looks to have been an abrupt exit and fits in with what Iíve just been told. Abrubt exits only happen for one reason.

I am sure it will come out soon but I just hope this doesnít damage the company and the reputation it has with its customers.

Last edited by Mitchaa; 21st Sep 2022 at 14:38.
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Old 21st Sep 2022, 10:44
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CHC is staying quiet on what's gone on. The statement I have says: "Yesterday [19 Sept], there was a change in personnel in UK and Norway. New Accountable Managers have been swiftly appointed. There has been a brief operational pause in Norway whilst the new appointment is ratified by the CAA; oil and gas operations will resume shortly. Search and Rescue services have been unaffected. There has not been any operational impact in the UK.Ē

I'm assuming the accountable manager was the RD, in this instance, although can't get that confirmed. The Norwegian GM is/was also one of only three directors of CHC Holding (UK).
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Old 21st Sep 2022, 10:57
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Originally Posted by domperry76
CHC is staying quiet on what's gone on. The statement I have says: "Yesterday [19 Sept], there was a change in personnel in UK and Norway. New Accountable Managers have been swiftly appointed. There has been a brief operational pause in Norway whilst the new appointment is ratified by the CAA; oil and gas operations will resume shortly. Search and Rescue services have been unaffected. There has not been any operational impact in the UK.Ē

I'm assuming the accountable manager was the RD, in this instance, although can't get that confirmed. The Norwegian GM is/was also one of only three directors of CHC Holding (UK).
Checking Companies House, CHCís accounts for FY21 were published last week and 3 of the 4 directors that have been let go are directly listed in the CHC Holding UK company and the 4th director (Legal) is then listed along with 2 of the others in the CHC Scotia LTD accounts.

The birds appear to be flying today so looks to be no disruption.

Accountable manager in the article posted above is the GOM from what I can tell. Well certainly for Norway. The Accountable manager for UK appears to be the RD yes.
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Old 22nd Sep 2022, 10:06
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Originally Posted by Mitchaa
Makes sense then. Looks to have been an abrupt exit and fits in with what Iíve just been told. Abrubt exits only happen for one reason.

I am sure it will come out soon but I just hope this doesnít damage the company and the reputation it has with its customers.
My info is similar, happened at short notice but not for the reason people usually get fired for at short notice. This is a bit more Game of Thrones than that.
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Old 22nd Sep 2022, 10:29
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Companies House is showing that Mark Abbey, Roy Middleton and Kate Standring had their appointments as directors of CHC Scotia terminated on 17 September. They have been replaced by Dave Belevic, Miguel Carrasco, and Kevin Spengler. As yet, there are no changes to the directorships at CHC Holding (UK).
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