Houston-based Helix Energy Solutions Group has entered into a new multi-year contract with Shell Offshore to provide well intervention services in the U.S. Gulf of Mexico, Helix said on Sept. 3.
Under the contract, commencing in 2025, Helix said it will provide “an increased minimum number of days annually” with the Q5000 riser-based well intervention vessel, intervention riser systems, ROVs and project management and engineering services.
The services are expected to cover fully integrated operations including production enhancement and plug and abandonment well services.
The operations also include equipment linked to the Subsea Services Alliance, a partnership between Helix and SLB.
“The contract is reflective of improving market conditions and increased demand for Helix’s assets and services, as we continue executing on our strategy by providing best-in-class and global leading well intervention services,” said Scotty Sparks, Helix’s executive vice president and COO.
Recommended Reading
Tidewater Midstream Completes $122MM Strategic Transaction
2024-09-13 - Tidewater Midstream and Infrastructure purchased assets from its renewables-focused subsidiary Tidewater Renewables.
Entergy Picks Cresent Midstream to Develop $1B CCS for Gas-fired Power Plant
2024-09-20 - Crescent will work with SAMSUNG E&A and Honeywell on the project.
Bayou Midstream Secures New Equity Commitment from EIV Capital
2024-09-18 - Bayou Midstream II’s commitment from EIV Capital follows Bayou’s predecessor company's successful exit of Bakken infrastructure in 2024 to Bridger Pipeline.
Enterprise Opens Fuel Storage, Distribution Terminal in Utah
2024-10-29 - Enterprise Products Partners’ newly converted Texas Western Products system relies on old NGL pipeline networks.
Michigan Utility Consumers Energy Completes Pipeline Expansion
2024-11-06 - Consumers Energy said it upgraded the Mid-Michigan line to deliver more volumes to growing its customer base.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.