HOUSTON – (COMMERCIAL THREAD) – Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce that it has entered into an extension of its well intervention charter and service contracts for the Siem Helix 2 off Brazil with Petróleo Brasileiro SA (Petrobras).
The initial four-year contract for the Siem Helix 2 has been extended for one year at a reduced rate reflecting the current market. the Siem Helix 2 is now expected to remain under contract with Petrobras until mid-December 2022 to perform riser-based well intervention activities. the Siem Helix 2 is an advanced well response vessel specifically designed to perform a wide range of subsea services including production enhancement, well decommissioning, subsea installation work, crane operations offshore and ROV, offshore construction work and emergency response capabilities.
Scotty Sparks, Executive Vice President and Chief Operating Officer of Helix, said: “Following our recent accommodation and support contract for the sister ship Siem Helix 1 in Ghana for another client, we are happy to finalize this process and look forward to continuing a long and productive working relationship with Petrobras. the Siem Helix 2 has always provided state-of-the-art well intervention services to Petrobras. This expansion demonstrates Helix’s ability to continuously deliver innovative solutions to meet the needs of our customers, backed by our experience and proven track record.
About Helix Energy Solutions
Helix Energy Solutions Group, Inc. is an international offshore energy services company providing specialist services to the offshore energy industry, with a focus on well servicing and robotic operations. For more information about Helix, please visit our website at www.HelixESG.com.
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