The deal is worth $20 million in revenue for HNZ Group Inc., the Montreal-based owner of Canadian Helicopters
MONTREAL—The Canadian arm of global energy giant Shell will lease three Sikorsky S-92 helicopters from Montreal-based helicopter transportation and support services provider Canadian Helicopters Ltd.
Shell Canada Energy will use the helicopters for transport services and search and rescue operations at its Shelburne Basin offshore drilling project, a 20,000-square-kilometre oil play about 300 km off Nova Scotia which is expected to begin mid-2015.
The initial contract will generate $20 million in revenue for HNZ Group Inc., the Montreal-based owner of Canadian Helicopters.
“We look forward to providing a safe and efficient service, while expanding our capabilities in Nova Scotia into heavy offshore helicopters including a full, all weather search and rescue service, in the North Atlantic,” says HNZ’s President and CEO, Don Wall. “This contract indicates success in executing our expansion and diversification strategy post-Afghanistan, and as a Canadian-owned Corporation, marks the natural next step of entering the Canadian offshore oil and gas market,” HNZ’s President and CEO, Don Wall, said.
Three Sikorsky S-92 helicopters will be used: one dedicated to search and rescue and two for personnel, cargo and medical evacuation. Shell and its partners are licensed to explore