CHC Helicopter got a five-year contract renewal from ConocoPhillips' (COP - Get Report) U.K. unit for helicopter services in the southern North Sea.

The service will use a dedicated Sikorsky S76C, plus additional flight hours from the CHC pool of medium aircraft. The deal is valued at 40 million Canadian dollars, Vancouver-based CHC said.

On Tuesday, CHC rose a dime to $20.38.