OSLO, Norway (8 October 2026) – TGS, a leading global provider of energy data and intelligence, routinely publishes a quarterly operational update six working days after quarter-end.

The table below shows TGS’ normalized Ocean Bottom Node (OBN) crew count¹:

1) The table shows the average number of crews in operation when assuming a normalized crew size.

The table below shows TGS’ allocation of active seismic streamer 3D vessel capacity2.

2) The statistics include active seismic 3D streamer vessels (capacity working on site characterization projects is excluded).

Based on preliminary financial review, TGS expects multi-client investment to be approximately USD 63 million in Q3 2026, compared to USD 85.9 million in Q3 2025.

Kristian Johansen, CEO of TGS, commented: “The normalized Ocean Bottom Node (OBN) crew count in Q3 was 2.2, slightly above expectations. During the quarter, TGS completed an OBN contract in the Gulf of America for a client where we have a long-term capacity agreement and a node-on-a-rope contract in Europe. Despite high streamer 3D vessel booking going into Q3, utilization came in lower than expected due to operational challenges on a North Sea multi-client project that was completed in September. Looking ahead, we expect streamer 3D vessel utilization to remain high, with all our streamer 3D vessel capacity booked for Q4.”

TGS will release its Q3 2026 results at 07:00 a.m. CEST on 22 October 2026. CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 a.m. CEST, webcasted live.

The webcast can be followed live via this link:

https://qcnl.tv/p/F9pp7ArbItpZ5nPyrrIErw

For more information, visit TGS.com (http://www.tgs.com) or contact:

Bård Stenberg, VP IR & Business Intelligence

Tel.: +47 992 45 235

E-mail: investor@tgs.com

About TGS

TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide. For further information, please visit www.tgs.com (https://www.tgs.com/).

Forward Looking Statement

All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict and are based upon assumptions as to future events that may not prove accurate. These factors include volatile market conditions, investment opportunities in new and existing markets, demand for licensing of data within the energy industry, operational challenges, and reliance on a cyclical industry and principal customers. Actual results may differ materially from those expected or projected in the forward- looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.

OSLO, Norway (9 October 2026) – TGS, a leading global provider of energy data and intelligence, today announced two new regional seismic products designed to support exploration and appraisal activities across Alaska's North Slope and Arctic frontier. The new offerings, Great Bear Merge 3D and Alaska Regional 2D-cubed, leverage TGS' extensive data library and advanced imaging capabilities to provide customers with broader regional subsurface insight across one of the world's most prospective hydrocarbon regions.

The Great Bear Merge 3D project combines multiple legacy seismic surveys into a seamless regional dataset covering approximately 1,366 square miles across Alaska's North Slope. Reprocessed using modern imaging technologies including FWI, the project delivers improved data quality and continuity across historical survey boundaries, providing customers with a consistent regional framework for evaluating exploration and development opportunities.

The Alaska Regional 2D-Cubed project complements the 3D offering by integrating approximately 667,640 square kilometers of seismic data from across the North Slope, Beaufort Sea, and Chukchi Sea into a single, regionally consistent interpretation volume. By combining legacy 2D and 3D seismic data through a unified processing and imaging workflow, the project creates a continuous subsurface framework that enables basin-scale screening of remaining onshore recoverable reserves to the additional opportunities in the Beaufort, and particularly Chukchi, Seas connecting the multiple oil discoveries offshore to the commercially successful Permian-Cretaceous stacked plays onshore.

Together, these projects provide customers with access to a more complete regional understanding of Alaska's evolving exploration landscape, helping to support acreage evaluation, prospect identification, and strategic decision-making.

David Hajovsky, EVP of Multi-Client, said: “As industry interest grows across Alaska's onshore and offshore basins, customers are increasingly seeking a regional perspective that extends beyond individual surveys. These new products connect decades of seismic data into unified regional frameworks, helping customers better understand basin-scale geology and identify opportunities across the region's evolving exploration landscape.”

The new products further strengthen TGS' position as a leading provider of subsurface intelligence in Alaska, where the company maintains one of the industry's most extensive seismic data portfolios.

For more information about the Great Bear Merge 3D and Alaska Regional 2D-Cubed projects, visit the www.tgs.com.

About TGS

TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide. For further information, please visit www.tgs.com (https://www.tgs.com/).

For media inquiries, contact:

Bård Stenberg

IR & Business Intelligence

investor@tgs.com

Norway Takes the Next Step as an International Test Arena with Bristow Group and Electra

- Project tests will showcase Electra's hybrid-electric Ultra Short aircraft, which can take off and land in as little as 50 meters, transforming the way people travel to hard-to-reach, regional destinations

VÆRNES, Norway, April 21, 2026 /PRNewswire/ -- Bristow Group Inc., Electra, Avinor, and the Norwegian Civil Aviation Authority today announced the launch and contract signing of a second international test project for zero‑ and low‑emission aviation. The project builds on Norway's established international test arena and aims to generate operational, regulatory and market knowledge supporting the introduction of electric and hybrid‑electric aircraft.

The Challenge with Regional Mobility

In countries like Norway, geography can make regional travel time-consuming and inefficient. Electra's breakthrough design is built to overcome these challenges, creating new opportunities for sustainable aviation that connect remote communities with regional centers.

Electra's hybrid-electric airplane operates from ultra-short access points, the size of a football pitch/soccer field, and dramatically reduces travel times by flying directly across terrain and waterways that make surface transportation frustrating and slow.

From Prototype to System-Level Learning

Under the agreement, Electra and Bristow will conduct demonstrations involving Electra's hybrid-electric Ultra Short aircraft. The goal is to examine the possibilities of novel aircraft operations to transform regional mobility networks, unlocking capabilities not possible with a conventional aircraft or even a helicopter.

The demonstration flights will focus on several use cases, including integration of ultra‑short operations at existing short runways, the use of novel access points like parking lots, drone pads or fields to support unserved or underserved communities, and the ability to feed services into major hub airports without adding congestion.

Each demonstration will provide insight into emissions reductions, novel operational concepts, and the scalability of regional air mobility services. Structured testing under Norway's regulatory sandbox will also give regulators practical insight into how these operations can be evaluated and supported.

Phased Test Programme

Testing will be carried out in phases, progressing from operations at smaller airports in Northern Norway, to testing from novel or adapted access points, and finally, to operations feeding into a major Norwegian aviation hub. Exact test locations will be defined during the preparation phase and concluded within approximately six months, with the aim of commencing test operations mid-2027.

Next step for Norway as an international test arena

Building on experience from the first international test project, the programme moves beyond route‑specific testing to broader exploration of operational, infrastructural and regulatory aspects. In doing so, it strengthens the test arena as a platform for systematic learning and represents a further step toward the phased introduction of zero‑ and low‑emission aviation technologies.

The contract signing was held at Trondheim Airport, Værnes, which represents one of the environments under consideration for future test activities.

"This project marks a new step in the further development of Norway's international test arena for zero‑ and low‑emission aviation," said the Norwegian Minister of Transport, Jon-Ivar Nygård. "The test arena is an important instrument in preparing aviation for new technologies. The government's role is to support this work by providing clear frameworks and long‑term predictability.In a long and sparsely populated country like Norway, where aviation is essential for regional mobility and accessibility, it is particularly important to gain knowledge about how new solutions can be introduced in a safe and responsible manner when the technology is mature."

"With over 75 years of operating experience, Bristow knows what it takes to turn promising technology into practical operations," said Dave Stepanek, Bristow Executive Vice President, Chief Transformation Officer. "That's what makes our work with Electra so important. The aircraft's ultra-short takeoff and landing capability creates exciting possibilities, and our role is to help validate how that aircraft can perform safely and effectively in real-world conditions."

"Electra's hybrid-electric Ultra Short aircraft opens the door to lowering emissions and new connectivity beyond the limits of traditional aircraft," said Diana Siegel, Vice President of Commercial Programs at Electra. "Realizing that potential requires the right ecosystem. Partnering with Bristow, Avinor, and the Norwegian Civil Aviation Authority brings together operations, infrastructure and regulation to demonstrate novel operations at both existing airfields and new access points."

"With this project, we are taking a further step in preparing aviation infrastructure for the introduction of zero‑ and low‑emission aircraft," said Karianne Helland Strand, EVP Sustainability and Infrastructure at Avinor. "As the owner and operator of airports and airspace infrastructure, Avinor's role is to facilitate real‑world testing – both in the air and on the ground – so new aircraft and operational concepts can be assessed safely and efficiently."

"With this technological platform, new parts of the regulatory framework will be tested and assessed. A key task for CAA Norway will be to obtain the necessary approvals for these trials to be conducted within our established regulatory sandbox," said Director General, Lars Kobberstad. "We will be able to further improve our safety model for managing risks in an innovation setting. Furthermore, the project gives us a chance to develop our competence and contribute to a more efficient introduction of new technologies."

About the International Test Arena

Norway's international test arena for zero‑ and low‑emission aviation is a government‑backed initiative led by Avinor and the Norwegian Civil Aviation Authority. It is designed to accelerate introduction of zero- and low-emission technologies and reduce risk through real‑world testing and regulatory development.

About the Partners

Bristow Group

Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. We primarily provide aviation services to a broad base of offshore energy companies and government entities. Our aviation services include personnel transportation, search and rescue ("SAR"), medevac, fixed wing transportation, unmanned systems and ad-hoc helicopter services. Our energy customers charter our helicopters primarily to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. Our government customers primarily outsource SAR activities whereby we operate specialized helicopters and provide highly trained personnel. Our other services include fixed wing transportation services through a regional airline in Australia and dry-leasing aircraft to third-party operators in support of other industries and geographic markets.

Our core business of providing aviation services to leading global energy companies and government entities provides us with geographic and customer diversity that helps mitigate risks associated with a single market or customer. We currently have customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, Ireland, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad and Tobago, the United Kingdom ("UK") and the United States ("U.S.").

Electra

Electra.aero, Inc. (Electra) is an advanced aerospace company building hybrid-electric Ultra Short airplanes that achieve unprecedented performance advantages to fly people and cargo seamlessly without airports, emissions, or noise. With the 9-passenger EL9 Ultra Short, Electra is pioneering Direct Aviation, the next level of connectivity that brings air travel closer to where we live, work, and play. Electra's Ultra Short technology delivers 2.5x the payload and 10x longer range with 70% lower operating costs than helicopters and eVTOLs with significantly greater safety and far less certification risk. Electra is backed by Statkraft, Europe's largest renewable energy producer, through an investment by Statkraft Ventures, as part of its commitment to accelerating low-emission transportation and decarbonization. In January 2026, Electra and Bristow Group signed a Pre-Delivery Payment (PDP) deposit agreement with binding terms and conditions securing the first delivery slot for Electra's EL9 Ultra Short hybrid-electric aircraft.

Avinor

Avinor is a wholly state-owned company under the Norwegian Ministry of Transport and Communications, responsible for 43 airports and Norway's air navigation services, enabling safe, efficient and more sustainable aviation.

Civil Aviation Authority Norway (Luftfartstilsynet)

The CAA's primary task is to ensure and improve safety in Norwegian aviation. CAA Norway has the responsibility to oversee and regulate all aspects of civil aviation in Norway, implementing and customising national and international legislation and regulations. We are also committed to working towards more sustainable and societally beneficial aviation.

View original content to download multimedia:https://www.prnewswire.com/news-releases/norway-takes-the-next-step-as-an-international-test-arena-with-bristow-group-and-electra-302746826.html

SOURCE Bristow Group

Released April 21, 2026

Bristow Group Announces First Quarter 2026 Earnings Call

HOUSTON, April 28, 2026 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release its first quarter 2026 financial results after market close on Tuesday, May 5, 2026. In connection with the release, Bristow has scheduled a conference call for Wednesday, May 6, 2026, to begin at 10:00 a.m. ET (9:00 a.m. CT).

Investors may participate in the call by using the following link, which is now open for early registration: https://bristowgroup-1q2026.open-exchange.net

A replay of the call will be available through May 27, 2026, and can be accessed using the same link. The accompanying investor presentation will be available on May 5, 2026, on the investor section of Bristow's website at www.bristowgroup.com.

About Bristow Group

Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. Bristow primarily provides aviation services to a broad base of offshore energy companies and government entities. Our aviation services include personnel transportation, search and rescue ("SAR"), medevac, fixed-wing transportation, unmanned systems and ad hoc helicopter services. Our business is comprised of three reportable segments: Offshore Energy Services, Government Services and Other Services. Our offshore energy customers primarily use our services to transport personnel to, from and between offshore energy installations. Our government customers primarily outsource SAR activities whereby we operate specialized helicopters and provide highly trained personnel. Our other customers primarily include fixed-wing passengers utilizing our regional airline in Australia and companies that dry-lease helicopters from us in support of other industries and markets in which we do not directly compete or operate in.

Bristow currently has customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, Ireland, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad and Tobago, the United Kingdom and the United States. To learn more, visit our website at www.bristowgroup.com.

Investors

Bristow Group Inc.

Jennifer Whalen

+1 713.369.4636

InvestorRelations@bristowgroup.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/bristow-group-announces-first-quarter-2026-earnings-call-302756244.html

SOURCE Bristow Group

Released April 28, 2026

Bristow Group Reports First Quarter 2026 Results

HOUSTON, May 5, 2026 /PRNewswire/ --

First Quarter Highlights

- Total revenues of $388.7 million in Q1 2026 compared to $377.3 million in Q4 2025

- Net income of $13.1 million, or $0.44 per diluted share, in Q1 2026 compared to net income of $18.4 million, or $0.61 per diluted share, in Q4 2025

- Adjusted EBITDA(1) in Q1 2026 was $59.3 million compared to $60.1 million in Q4 2025

- Affirmed 2026 Adjusted EBITDA outlook range of $295 - $325 million

Bristow Group Inc. (NYSE: VTOL) ("Bristow" or the "Company") today reported net income attributable to the Company of $13.1 million, or $0.44 per diluted share, for the quarter ended March 31, 2026 (the "Current Quarter") on total revenues of $388.7 million compared to net income attributable to the Company of $18.4 million, or $0.61 per diluted share, for the quarter ended December 31, 2025 (the "Preceding Quarter") on total revenues of $377.3 million.

The following table provides select financial highlights for the periods reflected (in thousands, except per share amounts). A reconciliation of net income to EBITDA and Adjusted EBITDA, operating income to Adjusted Operating Income and net cash provided by (used in) operating activities to Free Cash Flow and Adjusted Free Cash Flow is included in the "Non-GAAP Financial Measures" section herein.

"Bristow's first quarter results place us on track for what is expected to be a transformational year for the Company in 2026," said Chris Bradshaw, President and CEO of Bristow Group. "Bristow is favorably positioned to benefit from three global megatrends, namely: increased defense spending; the importance of energy security; and the electrification of transportation. In the context of a complicated geopolitical landscape and expectations for structurally higher defense spending, we believe there will be compelling organic and inorganic growth opportunities for a specialized aviation services provider with Bristow's track record, operational expertise, and financial flexibility. Recent geopolitical events have also placed an enduring emphasis on where hydrocarbon supplies are located, and the established offshore energy basins that Bristow services represent some of the most attractive and secure sources of supply. In addition, Bristow has created significant option value, with minimal capital commitment to date, as an early leader in what is expected to be a large and rapidly growing addressable market for new generation electric and hybrid-electric aircraft."

Sequential Quarter Results

Offshore Energy Services

Revenues from Offshore Energy Services were $6.9 million higher in the Current Quarter. Revenues in the Americas were $5.6 million higher primarily due to increased rates and higher utilization in the U.S. and Trinidad. Revenues in Africa were $4.0 million higher primarily due to higher utilization and other revenues driven by activity. Revenues in Europe were $2.8 million lower primarily due to lower utilization and reimbursable revenues in the UK, partially offset by favorable foreign exchange impacts.

Operating income from Offshore Energy Services was $6.5 million lower in the Current Quarter primarily due to higher depreciation and amortization expense of $6.0 million, higher operating expenses of $5.6 million and lower earnings from unconsolidated affiliates of $1.8 million, partially offset by the higher revenues.

The higher depreciation and amortization expense was due to accelerated depreciation on S76D medium helicopters resulting from a revision to their estimated useful lives. Repairs and maintenance costs were $10.6 million higher primarily due to lower vendor credits. Leased‑in equipment costs were $0.8 million higher primarily due to additional aircraft leases. Personnel costs were $3.1 million lower primarily due to lower severance costs in Africa and lower benefits costs and decreased headcount in the U.S. Other operating costs were $2.9 million lower primarily due to lower reimbursable expenses and subcontractor costs, partially offset by higher training costs. Earnings from unconsolidated affiliates were $1.8 million lower in the Current Quarter primarily due to dividends received in the Preceding Quarter.

Government Services

Revenues from Government Services were $7.8 million higher in the Current Quarter primarily due to the transition of the Irish Coast Guard ("IRCG") contract, including the full quarter impact of the Sligo base that commenced operations in the Preceding Quarter and the commencement of operations at the final base in Waterford in the Current Quarter. Operating income was $0.9 million in the Current Quarter compared to an operating loss of $1.6 million in the Preceding Quarter primarily due to the higher revenues, partially offset by higher operating expenses of $4.8 million and higher general and administrative expenses of $0.5 million. The increase in operating expenses was due to higher repairs and maintenance costs of $2.3 million primarily related to the timing of repairs, higher personnel costs of $1.6 million due to increased operating personnel headcount in Ireland and higher leased-in equipment costs of $0.5 million related to ongoing transition activities on the second-generation UK search and rescue ("UKSAR2G") contract. The increase in general and administrative expenses was primarily due to higher professional services fees.

Other Services

Revenues from Other Services were $3.2 million lower in the Current Quarter primarily due to lower seasonal utilization in Australia, partially offset by favorable foreign exchange rate impacts. Operating loss was $1.3 million in the Current Quarter compared to operating income of $1.5 million in the Preceding Quarter, primarily due to the lower seasonal revenues, partially offset by lower operating expenses of $0.4 million related to lower activity.

Corporate

Operating loss was $0.6 million in the Current Quarter compared to an operating loss of $10.0 million in the Preceding Quarter, primarily due to net gains on asset dispositions of $7.6 million in the Current Quarter compared to net losses of $2.1 million in the Preceding Quarter. During the Current Quarter, the Company sold two heavy helicopters and various other assets. During the Preceding Quarter, the Company sold or otherwise disposed of a heavy helicopter and various other assets.

Interest income was $1.0 million higher in the Current Quarter primarily due to income earned from U.S. Treasury bill investments on escrowed funds used in the satisfaction and discharge of the 6.875% Senior Secured Notes.

Interest expense was $3.4 million higher primarily due to higher debt balances and concurrent interest expense incurred during the refinancing of the Company's 6.875% Senior Notes.

Loss on extinguishment of debt was $2.8 million due to the write off of unamortized deferred financing fees associated with the redemption of the 6.875% Senior Notes.

Other expense, net of $5.4 million in the Current Quarter was primarily due to foreign exchange losses. Other expense, net of $2.9 million in the Preceding Quarter primarily resulted from pension-related costs of $4.9 million and foreign exchange losses of $3.1 million, partially offset by gains on insurance recoveries of $5.0 million.

Affirms 2026 Outlook

Please refer to the section entitled "Forward-Looking Statements Disclosure" below for further discussion regarding the risks and uncertainties as well as other important information regarding Bristow's guidance. The following guidance contains non-GAAP financial measures. Please read the section entitled "Non-GAAP Financial Measures" for further information.

Select financial outlook for 2026 is as follows (in USD, millions):

Capital Allocation and Liquidity

In the Current Quarter, purchases of property and equipment were $41.3 million, of which $4.4 million were maintenance capital expenditures, and cash proceeds from the sale of assets were $24.9 million. In the Preceding Quarter, purchases of property and equipment were $29.1 million, of which $6.0 million were maintenance capital expenditures, and cash proceeds from the sale of assets were $2.0 million.

As of March 31, 2026, the Company had $342.1 million of unrestricted cash and $51.5 million of remaining availability under its asset-based revolving credit facility (the "ABL Facility") for total liquidity of $393.6 million. Borrowings under the ABL Facility are subject to satisfaction of certain terms and conditions.

Net cash used in operating activities was $8.3 million in the Current Quarter compared to net cash provided by operating activities of $76.9 million in the Preceding Quarter. The negative variance is primarily due to changes in working capital, namely an increase in accounts receivable. This is primarily attributable to timing, as the Company does not have a material amount of aged receivables.

During the Current Quarter, Bristow declared a dividend of $0.125 per share of common stock and paid $3.7 million in cash dividends.

On April 30, 2026, Bristow declared a dividend of $0.125 per share of common stock, payable on May 29, 2026, to shareholders of record at the close of business on May 15, 2026.

Conference Call

The Company's management will conduct a conference call starting at 10:00 a.m. ET (9:00 a.m. CT) on Wednesday, May 6, 2026, to review results for the first quarter ended March 31, 2026. The conference call can be accessed using the following link:

Link to Access Earnings Call: https://bristowgroup-1q2026.open-exchange.net

A replay will be available through May 27, 2026 by using the link above. A replay will also be available on the Company's website at www.bristowgroup.com shortly after the call and will be accessible through May 27, 2026. The accompanying investor presentation will be available on May 5, 2026, on Bristow's website at www.bristowgroup.com.

Bristow Spotlights Advanced Air Mobility Milestones and Safety Performance in 2025 Sustainability Report

- Completed 4,416 search and rescue missions, logging 15,861 operating hours and assisting or rescuing 784 people globally

- Reduced lost workdays by 13 percent year-over-year, reinforcing Bristow's Target Zero culture

- Conducted over 100 electric aircraft flights totaling more than 7,000 nautical miles in Norway in partnership with BETA Technologies

- Secured early delivery positions for 12 next-generation advanced air mobility aircraft

- Lowered Scope 1 carbon intensity per flight hour from 1.88 to 1.76 and advanced environmental management systems

- Introduced a new Supplier Code of Conduct and supported Company-wide responsible AI training

HOUSTON, May 19, 2026 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the leading global provider of innovative and sustainable vertical flight solutions, today announced the release of its annual Sustainability Report, highlighting significant achievements in advanced air mobility (AAM), safety performance, environmental stewardship, governance, and community engagement.

"Sustainability is part of how we operate every day, including how we manage risk, support our people, serve customers, and position the Company for the future," said Bristow President and CEO Chris Bradshaw. "In 2025, that work was especially evident in our advanced air mobility achievements, where we applied our safety culture and operational discipline to emerging aviation technologies, while continuing to deliver strong performance across search and rescue (SAR), environmental management, governance, and community engagement."

Safety remains Bristow's number one Core Value and the foundation of its business. In 2025, the Company reduced lost workdays by 13 percent compared with the prior year, reflecting the discipline, training, and culture behind its Target Zero commitment. Bristow's global SAR operations further underscored its mission-driven impact, with teams completing 4,416 missions, logging 15,861 operating hours, and assisting or rescuing 784 people worldwide.

One of the report's leading highlights is Bristow's growing role in advanced air mobility. In Norway, the Company completed a first-of-its-kind flight campaign with BETA Technologies' all-electric eCTOL aircraft in the International Test Arena for Zero- and Low-Emission Aviation, conducting 103 flights totaling more than 7,000 nautical miles. The campaign also included the qualification of Bristow's first AAM pilot and engineer. The Company further expanded its position in this market through partnerships and early delivery positions for 12 aircraft, including a Pre-Delivery Payment agreement with Electra that secures the first delivery slot for Electra's EL9 Ultra Short hybrid-electric aircraft, subject to aircraft certification. These efforts support Bristow's long-term strategy to safely commercialize next-generation aviation solutions.

"Our flight campaign with BETA Technologies demonstrates how Bristow is applying its operational discipline and safety-first culture to emerging aviation technologies," said Bradshaw. "Completing more than 100 electric aircraft flights across thousands of nautical miles moves us closer to commercializing lower-emission aviation solutions while maintaining the reliability and performance critical for eventual aircraft certification. Along with our Pre-Delivery Payment agreement for Electra's EL9 Ultra Short hybrid-electric aircraft, we have a lot to be excited about."

On environmental performance, Bristow improved the quality of its emissions data and lowered Scope 1 carbon intensity per flight hour from 1.88 to 1.76. The Company also achieved ISO 14001 certification for its Ireland operations during its first full year of operations there.

Bristow also advanced its commitment to ethical business practices by introducing a new Supplier Code of Conduct, enhancing supplier and human rights expectations, and supporting Company-wide training on the use of AI tools and platforms. These efforts are part of Bristow's broader governance framework and commitment to transparency, accountability, and sustainable growth.

Community engagement also remained a priority in 2025. Through the Bristow Uplift program, the Company contributed more than $700,000 to local organizations and initiatives, supporting communities where its employees live and work.

Bristow's 2025 Sustainability Report aligns with globally recognized frameworks, including the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-related Financial Disclosures (TCFD), and the United Nations Sustainable Development Goals.

The full 2025 Sustainability Report is available on the Company's website at: https://www.bristowgroup.com/sustainability-report-2025

About Bristow Group

Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. We primarily provide aviation services to a broad base of offshore energy companies and government entities. Our aviation services include personnel transportation, search and rescue ("SAR"), medevac, fixed-wing transportation, unmanned systems and ad hoc helicopter services. Our offshore energy customers charter our helicopters primarily to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. Our government customers primarily outsource SAR activities whereby we operate specialized helicopters and provide highly trained personnel. Our other services include fixed-wing transportation services through a regional airline in Australia and dry-leasing aircraft to third-party operators in support of other industries and geographic markets.

Our core business of providing aviation services to leading global energy companies and government entities provides us with geographic and customer diversity that helps mitigate risks associated with a single market or customer. We currently have customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, Ireland, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad and Tobago, the United Kingdom ("UK") and the United States ("U.S.").

View original content to download multimedia:https://www.prnewswire.com/news-releases/bristow-spotlights-advanced-air-mobility-milestones-and-safety-performance-in-2025-sustainability-report-302776051.html

SOURCE Bristow Group

Released May 19, 2026

Bristow Group to Acquire Berry Aviation, Expanding Government Services Platform

Adds Differentiated Capabilities and Long-Term Customer Relationships in Special Missions Aviation

Delivers Revenue Diversification and Accretion to Earnings and Cash Flow; Strengthens Long-Term Investment Profile

Bristow Group Announces Plans to Exit Norway Offshore Energy Services Business

HOUSTON, June 23, 2026 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) ("Bristow" or the "Company"), the leading global provider of innovative and sustainable vertical flight solutions, today announced that it has entered into a definitive agreement to acquire Berry Aviation, Inc. ("Berry Aviation") from Acorn Capital Management for $105 million, subject to customary purchase price adjustments, in an all-cash transaction. Berry Aviation will add differentiated special mission capabilities and long-standing relationships with U.S. defense and government customers, further strengthening Bristow's Government Services offerings. The acquisition is expected to enhance the quality of Bristow's earnings through increased exposure to contracted government services and multi-mission aviation activities, supporting a more durable and balanced business profile.

Headquartered in San Marcos, Texas, Berry Aviation operates a fleet of more than 20 aircraft primarily providing government and defense aviation services across multiple countries. Through its Government Services offering, Berry Aviation provides a broad range of aviation services, such as special missions, intelligence, surveillance and reconnaissance (ISR) operations, maintenance, repair and overhaul (MRO) services, training and mission support, and unmanned aerial systems (UAS) design and development capabilities, which collectively make up approximately 72% of Berry Aviation's revenues. Berry Aviation's remaining revenues consist of on-demand cargo (ODC) logistics for blue chip end-customers and aftermarket supply-chain aviation solutions.

"The acquisition of Berry Aviation, an established special mission aviation services provider, further aligns Bristow's portfolio with key megatrends: increasing geopolitical risk, rising defense spending and the continued outsourcing of mission-critical aviation services," said Chris Bradshaw, President and Chief Executive Officer of Bristow. "Berry Aviation's deep expertise, proven technical capabilities across a range of mission-critical operations and strong customer relationships are complementary to our existing Government Services operations, better positioning Bristow to compete for long-duration government programs. While Bristow remains the premier provider of offshore energy aviation services, this transaction comes at an important time as we are evolving our business mix to include more durable, contracted revenue streams and building a more resilient and diversified platform to deliver attractive long-term growth and shareholder value. We look forward to welcoming Berry Aviation's team to Bristow and working together to build on their strong foundation."

Berry Aviation has extensive experience supporting all branches of the U.S. military and a record of excellence in completing missions that demand precision, safety and strict compliance. Bristow and Berry Aviation share a cultural emphasis on safety, reliability and rapid response in complex environments and, through this transaction, customers will benefit from Bristow's scale, operational expertise and global platform.

Strategic and Financial Benefits of the Acquisition

- Expands Bristow's U.S. Government Services capabilities and strengthens Government Services competitive positioning: The transaction will add differentiated capabilities, global reach, and highly coveted certifications including, but not limited to, the Commercial Airlift Review Board (CARB) certification, Commission on Accreditation of Medical Transport Systems (CAMTS) certification, Part 135 Airdrop authorization, ability to operate in GPS-denied airspace and a highly specialized workforce that maintains long-standing relationships with the government agencies it services. Berry Aviation's government customers include the U.S. Army, U.S. Air Force, U.S. Special Operations Command (SOCOM), U.S. Transportation Command (TRANSCOM) and more.

- Continues Bristow's shift in revenues mix toward Government Services: Bristow's Government Services business currently includes search and rescue (SAR) and other government aviation programs in the Dutch Caribbean, the Falkland Islands, Ireland, the Netherlands, the United Kingdom and the United States. Following the close of the Berry Aviation acquisition, coupled with Bristow's planned exit of its Norway Offshore Energy Services business, Bristow's revenues mix is expected to shift meaningfully towards durable, contracted government services. Taking into effect both the pending acquisition of Berry Aviation and the potential sale of Bristow's Norway Offshore Energy Services business, the Company's 2025 pro forma revenues mix would have been approximately 54% Offshore Energy Services, 35% Government Services and 11% Other Services (compared to the actual 2025 revenues mix of 66% Offshore Energy Services, 26% Government Services and 8% Other Services).

- Immediately accretive to Bristow's earnings and free cash flow, while bolstering Bristow's EBITDA margin profile: In 2025, Berry Aviation had total revenues of approximately $108 million. The planned exit of the Norway Offshore Energy Services business and addition of Berry Aviation would have been neutral to Bristow's 2025 EBITDA on a pro forma basis.

- Positions Bristow to capture emerging unmanned and next-generation aviation opportunities: Berry Aviation's capabilities in unmanned aerial systems design and development are expected to enhance Bristow's ability to support evolving mission requirements, including lower-cost ISR options, and expand its participation in future defense aviation platforms. Berry Aviation's ODC and other service offerings are expected to provide Bristow opportunities to pursue cargo and regional air transportation opportunities through the electrification of transportation using Berry Aviation's existing business model. These new capabilities can also supplement Bristow's existing search and rescue missions.

- Creates opportunities for synergies as well as operational efficiencies: The transaction will enable cross-selling of services to government customers by leveraging the combined company's expertise, diversified fleet and global footprint. The transaction will also facilitate optimization of procurement and maintenance functions, particularly for Bristow's existing fixed-wing business in Australia.

Leadership and Operations

Bristow expects Berry Aviation's leadership team to remain in their roles post-closing. In addition, Bristow intends to maintain a strong presence at Berry Aviation's existing facilities across its operational footprint.

Financing and Approvals

The acquisition is expected to close in the third quarter of 2026, subject to the satisfaction of certain customary closing conditions. Bristow intends to fund the transaction with cash on hand.

Exit of Norway Offshore Energy Services Business

In a separate initiative, Bristow is pursuing the sale of its Norway Offshore Energy Services business as part of its longstanding portfolio optimization strategy.

The exit is consistent with Bristow's ongoing strategy to deploy its assets in markets with attractive margin profiles and value-accretive returns on capital. Bristow remains focused on growing its Offshore Energy Services business in markets that meet its financial return parameters. Bristow expects to continue pursuing other opportunities in Norway, such as those in the Advanced Air Mobility space.

The timing and structure of any sale transaction remain subject to market conditions and other considerations.

Advisors

Solomon Partners Securities, LLC is serving as financial advisor to Bristow, and Baker Botts LLP is serving as legal advisor to Bristow, in connection with its proposed acquisition of Berry Aviation. Pareto Securities AS is serving as financial advisor to Bristow, and Simonsen Vogt Wiig is serving as legal advisor to Bristow, in connection with the planned sale of its Norway Offshore Energy Services business. Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor to Bristow.

The Company issued an investor presentation in connection with this announcement, which is available in the Events & Presentations section of Bristow's website.

About Bristow Group

Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. We primarily provide aviation services to a broad base of offshore energy companies and government entities. Our aviation services include personnel transportation, search and rescue ("SAR"), medevac, fixed wing transportation, unmanned systems and ad-hoc helicopter services. Our offshore energy customers charter our helicopters primarily to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. Our government customers primarily outsource SAR activities whereby we operate specialized helicopters and provide highly trained personnel. Our other services include fixed wing transportation services through a regional airline in Australia and dry-leasing aircraft to third-party operators in support of other industries and geographic markets.

Our core business of providing aviation services to leading global energy companies and government entities provides us with geographic and customer diversity that helps mitigate risks associated with a single market or customer.

Consortium launches Project SEAN to advance electric aviation across Scotland's Highlands and Islands

Department for Transport confirms £1.5 million in funding for electric aviation project

ABERDEEN, Scotland, July 23, 2026 /PRNewswire/ -- Project SEAN, a consortium-led initiative bringing together aviation, infrastructure and regional transportation partners, will conduct electric aircraft demonstration flights across Scotland's Highlands and Islands beginning in 2027, following confirmation of £1.5 million in Department for Transport funding.

BETA Technologies' ALIA CTOL (CX300) aircraft, selected for Project SEAN demonstration flights across Scotland's Highlands and Islands.

The Scottish Electric Aviation Network (SEAN) will explore how electric aircraft can strengthen regional connectivity, support sustainable air services and serve remote communities.

Led by Bristow Helicopters Ltd., the consortium of aircraft manufacturer BETA Technologies Inc., Electric Aviation Maven, Highlands and Islands Airports Limited (HIAL), Highlands and Islands Transport Partnership (HITRANS), and Skyports Infrastructure will demonstrate the practical role electric aircraft could play within Scotland's existing regional aviation network, through demonstration flights on passenger, cargo and medical service routes to gather operational insights.

A planned three-month flight program will use BETA Technologies' all-electric ALIA CTOL (CX300) aircraft. Flights will operate from a hub at Inverness Airport and connect with selected regional airports, including Wick John O'Groats Airport, allowing the consortium to gather operational data while assessing aircraft performance, charging infrastructure and airport readiness for future electric flight operations.

Building on lessons learned from pioneering zero-emission aviation initiatives in Europe and the United Kingdom, Project SEAN aims to provide evidence-based recommendations to support future commercial deployment of electric aircraft while strengthening regional connectivity and contributing to broader decarbonization goals.

Simon Meakins, Project SEAN consortium lead for Bristow, said:

"Project SEAN brings together organizations committed to exploring how electric aviation can support regional connectivity while reducing emissions across Scotland's Highlands and Islands.

With support from the Department for Transport, we can now move from planning to executing real-world demonstration flights and generating practical insights that will help inform the future of electric aviation in Scotland and beyond.

We look forward to working with our partners and local communities as the project progresses toward flight operations in 2027."

About Bristow Group

Bristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. Bristow provides aviation services to a broad base of offshore energy companies and government entities. Our other services include fixed wing transportation services and dry-leasing aircraft to third-party operators in support of other industries and geographic markets.

Bristow currently has customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, Ireland, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, the United Kingdom and the United States.

For more information, visit bristowgroup.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements within the meaning of the federal securities laws, including statements regarding the planned activities, timing, objectives and expected outcomes of Project SEAN and the potential future application of electric aviation technologies. These statements are based on current expectations and assumptions and are subject to risks and uncertainties, including technical, operational, regional and other risks described in Bristow's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the SEC on February 26, 2026, Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, which was filed with the SEC on May 6, 2026, and other SEC filings. Any forward-looking statements contained in this press release speak only as of the date hereof and accordingly, undue reliance should not be placed on such statements. We disclaim any obligation or undertaking to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/consortium-launches-project-sean-to-advance-electric-aviation-across-scotlands-highlands-and-islands-302833613.html

SOURCE Bristow Group

Released July 23, 2026

Bristow Group Announces Second Quarter 2026 Earnings Call

HOUSTON, July 28, 2026 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release its second quarter 2026 financial results after market close on Tuesday, August 4, 2026. In connection with the release, Bristow has scheduled a conference call for Wednesday, August 5, 2026, to begin at 10:00 a.m. ET (9:00 a.m. CT).

Investors may participate in the call by using the following link, which is now open for early registration: https://bristowgroup-2q2026.open-exchange.net

A replay of the call will be available through August 26, 2026 and can be accessed using the same link. The accompanying investor presentation will be available on August 4, 2026, on the investor section of Bristow's website at www.bristowgroup.com.

About Bristow Group

Bristow Group Inc. is a leading global provider of mission-critical aviation services for government entities, offshore energy companies and other customers around the world. Our business is comprised of three operating segments: Offshore Energy Services (OES), Government Services and Other Services. Through the use of helicopters, fixed-wing aircraft, unmanned aerial systems (UAS) and highly skilled personnel, we provide aviation services such as personnel transportation, offshore energy logistics, search and rescue (SAR), special missions, intelligence, surveillance and reconnaissance (ISR) operations, maintenance, repair and overhaul (MRO) services, medevac, unmanned systems, on-demand cargo logistics (ODC) and other specialized aviation solutions. We are also involved in various advanced air mobility (AAM) initiatives and emerging next-generation aviation technologies.

Our diversified customer and revenue mix, coupled with our broad geographic footprint, supports a durable and balanced business profile. We currently have a presence in Australia, Benin, Brazil, Canada, Chile, Djibouti, the Dutch Caribbean, the Falkland Islands, Ireland, Kenya, the Marshall Islands, the Netherlands, Nigeria, Norway, the Philippines, Spain, Suriname, Trinidad, the United Kingdom ("UK") and the United States ("U.S .").

To learn more, visit our website at www.bristowgroup.com.

View original content:https://www.prnewswire.com/news-releases/bristow-group-announces-second-quarter-2026-earnings-call-302836898.html

SOURCE Bristow Group

Released July 28, 2026

Bristow Group Declares Cash Dividend

HOUSTON, July 30, 2026 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL, the "Company"), the leading global provider of innovative and sustainable vertical flight solutions, today declared a cash dividend of $0.125 per share of common stock. The quarterly cash dividend announced today is payable on August 28, 2026, to shareholders of record at the close of business on August 14, 2026.

While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends, and the establishment of record and payment dates, are subject to final determination by the Company's Board of Directors each quarter after its review of the Company's financial performance.

About Bristow Group

Bristow Group Inc. is a leading global provider of mission-critical aviation services for government entities, offshore energy companies and other customers around the world. Our business is comprised of three operating segments: Offshore Energy Services (OES), Government Services and Other Services. Through the use of helicopters, fixed-wing aircraft, unmanned aerial systems (UAS) and highly skilled personnel, we provide aviation services such as personnel transportation, offshore energy logistics, search and rescue (SAR), special missions, intelligence, surveillance and reconnaissance (ISR) operations, maintenance, repair and overhaul (MRO) services, medevac, unmanned systems, on-demand cargo logistics (ODC) and other specialized aviation solutions. We are also involved in various advanced air mobility (AAM) initiatives and emerging next-generation aviation technologies.

Our diversified customer and revenue mix, coupled with our broad geographic footprint, supports a durable and balanced business profile. We currently have a presence in Australia, Benin, Brazil, Canada, Chile, Djibouti, the Dutch Caribbean, the Falkland Islands, Ireland, Kenya, the Marshall Islands, the Netherlands, Nigeria, Norway, the Philippines, Spain, Suriname, Trinidad, the United Kingdom ("UK") and the United States ("U.S.").

To learn more, visit our website at www.bristowgroup.com.

View original content:https://www.prnewswire.com/news-releases/bristow-group-declares-cash-dividend-302839483.html

SOURCE Bristow Group

Released July 30, 2026