Kohlberg Kravis Roberts & Co. LP (NYSE: KKR) has made a $200 million investment for a majority stake in Weststar Aviation Services Sdn Bhd.

The target, a Kuala Lumpur, Malaysia-based aviation company, provides offshore helicopter transportation services to the oil and gas industry. KKR’s investment should help Weststar expand internationally.

KKR previously invested in the offshore aviation sector when it invested in Alicante, Spain-based Avincis Group in 2010.

New York-based KKR has invested about $1.5 billion in Southeast Asia since 2005. It made the Weststar investment from its $6 billion KKR Asia Fund II. The private equity firm has made several deals lately, including buying a 10 percent stake in Qingdao Haier (SH: 600690) in September, and picking up a stake in Panasonic Healthcare Co. 

The deal follows several others for companies that provide services to the oil and gas sector. Recent deals include Advent International’s acquisition of P2 Equity Partners, and Intertek Group plc’s deal for Global X-Ray & Testing Corp. 

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