Helix Receives LOI for Reliance Project in India

Wednesday, November 01, 2006
Helix Energy Solutions Group, Inc. has executed a letter of intent with Allseas Marine Contractors S.A. for the installation of the subsea infrastructure in connection with Allseas' engineering, procurement, installation and construction of Reliance Industries Ltd.'s Dhirubhai gas field development project in the Krishna Godavari Basin in the Bay of Bengal. Helix plans to use its deepwater construction vessel Express and its dive support vessel Eclipse on this project. The work consists of the installation suction piles, manifolds, rigid jumpers and spool pieces, flying leads and trees. The work is scheduled to commence in the fourth] quarter of 2007. The estimated contract value is in the $140-150 MM range and the vessel utilization exceeds 400 days.

The MSV Express was acquired by Helix in the third quarter of 2005 and is currently working in the North Sea before leaving for work in Trinidad later this quarter. The vessel was recently upgraded with the addition of a second reel making the total reel capacity 3000 T and a new 150 T deepwater crane was installed to compliment the existing 400 T crane. The DSV Eclipse is owned by Helix's wholly owned subsidiary, Cal Dive, and is currently working in the Mediterranean. It will perform a project in South African waters early next year before returning to its base in the Middle East.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Newport International Boat Show Award Winners

Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today the results of this year’s Newport For New ProductsTM (NFNP) Awards.

China Merchant Boosts Efficiency of VLCCs with Jotun HP

China Merchant Energy Shipping Co., Ltd (CMES) will upgrade the antifouling solution on their VLCCs New Builds at Dalian Shipbuilding Industry Co., Ltd. (DSIC)

ESAB Boasts Over a Century of Technological Innovation

September 2014 marks the 110th anniversary of ESAB Welding & Cutting Products. A world leader in welding and cutting technology, with the broadest, most complete

Cruise Ship Trends

Carnival UK Announces Executive Appointments

David Dingle appointed chairman of Carnival UK; David Noyes promoted to chief executive officer Carnival Corporation & plc announced that David Dingle has been

Holland America Line Offers Diverse Options in Premium Cruising

Travelers looking for an intimate, mid-sized cruise experience in the Caribbean have 126 itineraries to choose from during Holland America Line’s 2014-15 Caribbean season.

Holland America Line Promotes Christine Thurlow

Holland America Line has promoted Christine Thurlow to director of national accounts sales, North America, on the company’s National Accounts Sales team.   Thurlow will report to Charles J.

 
 
Maritime Contracts Maritime Standards Naval Architecture Pipelines Pod Propulsion Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1222 sec (8 req/sec)