Maersk Renews Contract with CHC in the North Sea

CHC Helicopter has been awarded a five year contract renewal (plus three one-year options) by Maersk Oil North Sea UK Limited, for the provision of helicopter services in support of oil and gas operations in the North Sea. The contract was renewed July 15, 2007 (following a competitive tender process) and will be supported by one AS332L2 Super Puma MK II. Maersk Oil will have the option to upgrade to a new technology aircraft during the contract period. The five year extension period is valued at approximately 28 million.

CHC is the world's largest provider of helicopter services to the global offshore oil and gas industry, with aircraft operating in more than 30 countries worldwide.

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