BorchWix Awarded 3-Year Contract

BorchWix Energy Advisors Limited (‘BWEA’) are awarded a three-year contract for the provision of Oil and Gas Subsurface Advisory services. CHC is delighted to award this key strategic contract to BWEA. BWEA’s expertise and technical strength in the Eastern Mediterranean will create significant value and further strengthen our operations in Cyprus, enabling the responsible development of Hydrocarbon Resources within Cyprus’ Exclusive Economic Zone (EEZ) for the benefit of Cypriot society and future generations. We are excited for the busy and dynamic period ahead as we partner with BWEA to advance the Cyprus Opportunity Funnel. This process, led by world-class deepwater Operators, encompasses both upcoming, potentially high-impact, play opening ultra-deepwater exploration wildcats and the project sanctioning of strategically important regional resource development projects.