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Stock Market & Financial Investment News

News Breaks
June 18, 2014
05:42 EDTHELI, STOStatoil awards Mariner helicopter contract to CHC UK
Statoil (STO) awarded the helicopter transportation contract for the Mariner field to CHC Helicopter (HELI) in the UK. The contract calls for CHC to operate two Sikorsky S-92 aircraft on behalf of Statoil. The helicopters will fly from Aberdeen or Sumburgh on the Shetland Isles to the Statoil operated Mariner field, 250 kilometers off the northeastern coast of Scotland. The contract has a duration of five years, plus an extension option for up to three years. The service is anticipated to begin in mid-2016.
News For STO;HELI From The Last 14 Days
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December 16, 2014
12:51 EDTSTOStatoil, partners to develop Rutil discovery in the North Sea
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December 11, 2014
08:21 EDTSTOStatoil volatility elevated as oil trades at five-year low
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December 9, 2014
16:06 EDTHELICHC Group reports Q3 EPS (31c), consensus (38c)
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December 4, 2014
09:20 EDTHELICHC Group announces multimillion-pound project in Aberdeen
CHC Helicopter announced a multimillion-pound investment to transform CHC’s facilities and further raise its capabilities in Dyce by significantly expanding hangar capacity, creating a larger and more streamlined passenger terminal, and providing for a new operations center. The development will be delivered in two phases. The first phase will double the size of the existing hangar. That work is planned to begin during the first half of calendar 2015. In the second phase, expected to start the following year, CHC will redevelop its passenger terminal, improving the experience for offshore workers. The transformed two-story terminal will include a new passenger lounge as well as dedicated space for CHC’s major oil-and-gas customers.

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