The contract, awarded after a competitive bid process, will generate anticipated revenue of approximately CDN$18.8 million over the five-year period. CHC has worked successfully with Total in Southeast Asia for the past ten years.
Additionally, CHC has been awarded new work in Southeast Asia with anticipated revenues of approximately CDN$5.3 million over one year. The new work comprises a short-term contract with Daewoo International Corporation, and a 12-month contract expansion with Premier Petroleum. Both projects will utilise existing aircraft from CHC's Southeast Asia fleet.
CHC Helicopter Corporation is the world's leading provider of heavy and medium helicopter services to the global offshore oil and gas industry, with aircraft operating in 23 countries and a team of approximately 2,500 professionals worldwide.
