Helicopters NZ (HNZ), a subsidiary of Canadian Helicopters Group, has secured a $40m contract from Shell Global Solutions International to provide support services for its oil and gas operations in the Philippines.
Under the terms of the contract, the company will provide one AgustaWestland AW 139 helicopter for crew change operations from Manila to Shell's offshore petroleum platforms starting from September 2013.
In the second quarter of 2014, the company will also provide another AgustaWestland AW 139 helicopter which will be deployed for offshore oil and gas operations.
The company said the contract has an initial term of four years with potential five one-year option periods.
Don Wall, Helicopters (NZ) president and CEO, said: "This is not only a win in terms of building on the strong relationship we have built with Shell in New Zealand, but it is also consistent with our strategy to grow the business and expand from our historical areas of strength in Australia and New Zealand deeper into the Asian market."
Image: AgustaWestland AW 139 helicopter will be deployed by Shell for Offshore operations in the Philippines. Photo: courtesy of MilborneOne.