OHS opts for five Sikorsky S-92s for North Sea ops
April 16, 2023
As part of its fleet strategy to meet increased demand from customers and improve airframe utilisation, OHS has chosen to phase out its first generation S92s and replace them with younger models.
The sale of Babcock oil and gas to CHC is part of a much wider targeted disposal programme, which aims to generate at least GBP400 million. Proceeds from this transaction will be used to reduce net debt.