Profile: Bristow Group Inc (BRS.N)
Bristow Group Inc. (Bristow Group), incorporated on December 3, 1987, is an industrial aviation services provider and helicopter service provider to the offshore energy industry with global operations. The Industrial Aviation Services segment's operations are conducted primarily through four regions: Europe Caspian, Africa, Americas and Asia Pacific. Additionally, it operates a training unit, Bristow Academy. It provides industrial aviation services to a base of integrated, national and independent offshore energy companies. The Company's clients charter its helicopters primarily to transport personnel between onshore bases and offshore production platforms, drilling rigs and other installations. The Company's clients also charter its helicopters to transport time-sensitive equipment to these offshore locations.
The Company has transportation operations in the North Sea, Nigeria and the United States Gulf of Mexico, and other major offshore energy producing regions of the world, including Australia, Brazil, Canada, Russia and Trinidad. It provides private sector search and rescue (SAR) services in Australia, Canada, Norway, Russia, Trinidad and the United States. It provides public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency. It also provides regional fixed wing scheduled and charter services in the United Kingdom, Nigeria and Australia operating under the name of Airnorth. The Company's operations support its primary industrial aviation services operations.
The Company operates its oil and gas operations in its Europe Caspian region from over seven bases in the United Kingdom and approximately four bases in Norway. It provides commercial SAR services for a range of oil and gas companies operating in the Norwegian sector of the North Sea. Bristow Helicopters Ltd. (Bristow Helicopters) owns interest in Eastern Airways, a regional fixed wing operator based in the United Kingdom. Eastern Airways International Limited's (Eastern Airway) operations are focused on providing scheduled and charter services targeting the United Kingdom oil and gas transport. Eastern Airways operates approximately 30 fixed wing aircraft. Its Europe Caspian region includes operations in Turkmenistan. It operates a medium aircraft through its interest in Turkmenistan Helicopters Limited that provides industrial aviation services to an international offshore energy company from a single location.
The Company operates most of the aircraft in its Africa region operated in Nigeria, where it is the provider of industrial aviation services to the offshore energy industry. It deploys a combination of small, medium and large aircraft in Nigeria and service a client base consisting of integrated offshore energy companies. It has over five operational bases, with the largest bases located in Escravos, Lagos, Port Harcourt and Eket. The Company owns interest in Petroleum Air Services (PAS), which provides helicopter and fixed wing transportation to the offshore energy industry. Additionally, spare fixed wing capacity is chartered to tourism operators. PAS operates approximately 40 helicopters and over seven fixed wing aircraft from multiple locations. It also leases a medium limited SAR aircraft to an alliance partner in Tanzania, which operates out of Julius Nyerere International Airport, Dar es Salaam.
The Company operates from its over six operating facilities in the United States Gulf of Mexico. It is the supplier of industrial aviation services in the United States Gulf of Mexico. Its clients in this business unit are independent and integrated offshore energy companies. It owns an interest in Cougar Helicopters Inc. (Cougar), the offshore energy and SAR helicopter service provider in Atlantic Canada. Cougar's operations are focused on serving the offshore oil and gas industry off Canada's Atlantic coast. It leases approximately eight large helicopters and over three shore-based facilities to Cougar, including helicopter passenger, maintenance and SAR facilities located in Newfoundland and Labrador. It also owns interest in Lider Taxi Aereo S.A. (Lider), the provider of helicopter and corporate aviation services in Brazil. Lider has over five primary operating units: helicopter service, maintenance, chartering, ground handling and aircraft sales, and provides commercial SAR and medical evacuation services to the oil and gas industry.
Lider's fleet includes over 50 rotor wing and approximately 20 fixed wing aircraft (including owned and managed aircraft). Lider also has a network of over 20 bases located in Brazil, including locations in Macae, Rio de Janiero, Sao Tome, Urucu and Vitoria. It leases over five medium aircraft to Lider. Additionally, it operates over seven medium aircraft in Trinidad that are used to service its clients primarily engaged in offshore energy activities. It operates from a base located at Trinidad's Piarco International Airport.
The Company is the provider of industrial aviation services to the offshore energy industry in Australia, where it has over five bases located in Western Australia, approximately three in Victoria, over one in Northern Territory and approximately one in Queensland. Its operating bases are located in the vicinity of the major offshore energy exploration and production fields in the North West Shelf, Browse and Carnarvon basins of Western Australia and the Bass Straits in Victoria, where its fleet provides industrial aviation services to offshore energy operators. It also provides airport management services on Barrow Island in Western Australia. Its clients in Australia are primarily integrated offshore energy companies. It provides SAR and medical evacuation services to the oil and gas industry in Australia and engineering support to the Republic of Singapore Air Force's (the RSAF) fleet of helicopters at their base in Oakey, Queensland.
Bristow Helicopters Australia Pty Ltd. (Bristow Helicopters Australia) owns interest in Airnorth, a regional fixed wing operator Sbased in Darwin, North Territory, Australia. Airnorth's operations are focused on providing both charter and scheduled services targeting the energy and mining industries in Northern and Western Australia, as well as international services to Dili, Timor-Leste. Airnorth operates approximately 10 fixed wing aircraft. Also included in its Asia Pacific region are its operations in Russia. It operates over seven large aircraft in Russia from approximately three locations on Sakhalin Island, where it provides industrial aviation services to international and domestic offshore energy companies and operate a local SAR service.
Bristow Group Inc
2103 Citywest Blvd Fl 4
HOUSTON TX 77042-2833
Company Web Links
- BRIEF-Bristow Group's unit entered into a term loan credit agreement - SEC Filing
- BRIEF-Bristow Group Q3 adjusted loss per share $0.29
- BRIEF-Bristow enters into new $200 mln seven-year equipment financings
- BRIEF-Bristow Group Q2 adj loss per share $0.35
- BRIEF-Bristow enters into ninth amendment to amended and restated revolving credit and term loan agreement