Petrofac

November 4, 2013 - 2:05am

New York investment banking behemoth Kohlberg Kravis Roberts (KKR) is placing a big bet on one helicopter services company supporting the offshore oil-and-gas industry. Last month KKR took a $200 million stake in Malaysia’s Weststar Aviation Services. Weststar provides offshore support to a variety of energy companies in the region, including Petronas Carigali, ExxonMobil, Carigali Hess, CPOC, Talisman, Petrofac, Newfield, Total, KPOC, Lundin, Schlumberger, Hess, Shell, Tullow Oil, Mubadala Petroleum, CGG Veritas and ConocoPhillips.

October 2, 2008 - 8:18am

Two pilots and five passengers aboard an Aerogulf Bell 212 died September 3 when their helicopter crashed onto the oil drilling platform Resilient off the coast of Dubai. The crash, which occurred on takeoff from the rig, triggered a post-impact fire and caused the helicopter to break up and fall into the sea, according to Petrofac, the operator of Dubai’s offshore oil fields, and the United Arab Emirates’ General Civil Aviation Authority.

June 9, 2008 - 6:38am

Bristow Helicopters has taken delivery of all six Sikorsky S-92s it had on order. The 26,500-pound-mtow twins will fly to offshore oil and gas installations from Scatsta Airport in Shetland. The £70 million ($140 million) investment includes the helicopters, training, tools and equipment. The S-92 fleet will support the integrated aviation consortium, the partners of which are Shell, BP, CNR, BP and Petrofac.

 
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