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Helix Energy Solutions News

06 Feb 2024

Siem Offshore Inks $682M Long-Term Deals for Two Well Intervention Vessels

(Credit: Helix Energy Solutions)

Oslo-listed offshore vessel owner Siem Offshore has secured long-term contracts with Helix Energy Solutions for two of its Siem Helix well intervention vessels.The contracts, valued at a total of $682 million, follow the letter of intent the companies announced in November 2023.The new contracts for Siem Helix 1 and Siem Helix 2, effective from January 1, 2025, and January 1, 2026, respectively, replace existing agreements and ensure firm utilization for these key vessels until at least 2030.With a duration of 6 years for each vessel…

01 Jun 2023

Helix Energy Solutions Wins Major Offshore Decommissioning Deal in U.S. Gulf of Mexico

U.S.-based offshore service firm Helix Energy Solutions has secured a 39-well decommissioning contract in the U.S. Gulf of Mexico shelf with an unnamed client. The project, awarded to Helix's Louisiana-based subsidiary Helix Alliance, is expected to start in mid-2023.The scope of work includes the plug and abandonment of 39 wells, 15 pipelines, and seven structures.

23 Feb 2023

Supreme Court Sides With Offshore Worker in Overtime Case

© W.Scott McGill / Adobe Stock

An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group Inc is entitled to overtime pay, the U.S. Supreme Court ruled on Wednesday in a decision with costly implications for the oil and gas industry.The court in a 6-3 decision authored by liberal Justice Elena Kagan decided that because the rig supervisor, Michael Hewitt, was paid a daily rate of $963 and not a salary, an overtime pay exemption in federal wage law for highly paid workers did not apply to him.The justices affirmed a 2021 ruling by the New Orleans-based 5th U.S.

13 Jan 2023

Helix Inks Long-term Charter for Glomar Wave

(Photo: Helix Energy Solutions Group)

Helix Energy Solutions Group, Inc., announced its robotics division has entered into a three-year charter agreement with two years of options for the DP2 offshore support vessel Glomar Wave for work on a range of opportunities in both the offshore renewables and oil and gas sectors.Helix Robotics Solutions' Glomar Wave, a DP2 66.4-meter multi-role vessel, is expected to operate across energy sectors supporting Helix clients in a variety of roles.The purpose-built vessel, equipped with a 25Te crane…

08 Nov 2022

HAV's NES to Supply Battery Pack for Offshore Construction Vessel

Grand Canyon III - Credit: Manfred Sesemann/AdobeStock

Norwegian offshore vessel owner Volstad Maritime has contracted Norwegian Electric Systems AS (NES) to deliver the battery pack and associated control system for battery charging to the Grand Canyon III offshore construction vessel. “The demand for retrofitting battery power on board offshore vessels continues to grow as many shipowners, such as Volstad Maritime, are dedicated to reducing their carbon footprint. Lower operating expenditure through reduced fuel consumption is an additional…

19 Sep 2022

Petrobras Extends Helix Well Intervention Vessel

Helix Energy Solutions Group, Inc. announced on Monday that it entered into a two-year extension of its well intervention charter and services contracts with Petróleo Brasileiro S.A. (Petrobras) for the Siem Helix 2 well intervention vessel offshore Brazil. The negotiated extension is scheduled to conclude in December 2024 and directly follows Helix’s current contracts with Petrobras.The Siem Helix 2 is a purpose-built, advanced well intervention vessel capable of performing a wide range of subsea services including production enhancement, well decommissioning, subsea installation, offshore crane and remotely operated vehicle (ROV) operations, offshore construction and emergency response.

29 Aug 2022

Helix Robotics Solutions Extends Sheila Bordelon Vessel Charter

Sheila Bordelon - Credit: Bordelon Marine

Helix Robotics Solutions, the U.S. robotics division of Helix Energy Solutions Group, has extended the charter for Bordelon Marine's DP2 Jones Act-compliant Ultra-Light Intervention Vessel (ULIV) M/V Shelia Bordelon through June 2024.Helix currently primarily operates the vessel to support offshore renewables and inspection, repair, and maintenance (IRM) activities for clients operating in U.S. waters. Recently, Helix contracted the Shelia Bordelon to support the growing wind farm industry offshore the U.S.

23 Aug 2022

Helix, Volstad Agree Long Term Charters for Construction Support Vessel Duo

Helix Robotics Solutions Limited, the U.K. Robotics division of Helix Energy Solutions Group, and the Norwegian shipowner Volstad Maritime have agreed on five-year charter extensions for both the Grand Canyon II and Grand Canyon III construction support vessels to continue working on projects across multiple energy sectors.The two vessels have been under long-term charter with Helix since 2015 and 2016, respectively. The extended charter for the Grand Canyon II runs from January 2023 through the end of 2027, while the extended charter for the Grand Canyon III runs from May 2023 through May 2028, with a further option to extend. Financial details were not disclosed.

05 Jul 2022

Gulf of Mexico: Helix Energy Solutions Buys Alliance Group of Companies

One Alliance's liftboats - Credit: Alliance Offshore

U.S. based offshore well services company Helix Energy Solutions Group has finalized the previously announced acquisition of the Alliance group of companies, bolstering its decommissioning footprint in the Gulf of Mexico.Alliance is a Louisiana-based privately held company that provides services supporting the upstream and midstream ‎industries in the Gulf of Mexico shelf, including offshore oil field decommissioning and ‎reclamation, project management, engineered solutions, intervention…

17 May 2022

Helix Energy Solutions to Buy Alliance Companies to Boost Presence in Gulf of Mexico Decommissioning Space

One Alliance's liftboats - Credit; Alliance Offshore

U.S.-based offshore oil and gas services firm  Helix Energy Solutions Group is set to buy equity interests of Louisiana-baed Alliance group of companies for $120 million cash at closing, plus the potential for post-closing earnout consideration.Alliance is a Louisiana-based privately held company that provides services supporting the upstream and midstream ‎industries in the Gulf of Mexico shelf, including offshore oil field decommissioning and ‎reclamation, project management…

01 Apr 2022

Helix in Multi-year Well Intervention Deal with Shell in U.S. Gulf of Mexico

Credit: Helix Energy Solutions (File Photo)

Helix Energy Solutions Group, a U.S. offshore oil, and gas well services company, has signed a multi-year deal with Shell to provide Well Intervention services in the Gulf of Mexico.Under the contract Helix will provide either the Q4000 or Q5000 riser-based semi-submersible well intervention vessel, a 10k or 15k Intervention Riser System (IRS), remotely operated vehicles, project management, and engineering services to cover operations from fully integrated well intervention to fully integrated plug and abandonment well services…

14 Mar 2022

Bordelon Marine Charters Vessel to Helix Robotics Solutions

(Photo: Bordelon Marine)

U.S. based offshore vessel owner Bordelon Marine said it has signed a one-year firm charter agreement with Helix Robotics Solutions, the U.S. robotics division of Helix Energy Solutions Group, for the Shelia Bordelon, a 260-foot DP2 Jones-Act-compliant ultra-light intervention vessel.The charter commenced in late February 2022, and the vessel is mobilized with two Triton 200-horsepower remotely operated underwater vehicles (ROV) with high spec survey capabilities operated by Helix.While Helix expects the Shelia Bordelon to primarily support inspection…

03 Feb 2022

O&G Saturation Divers Complete Cross-Atlantic Row

(Photo courtesy The Bubbleheads)

A group of four saturation divers from the U.K. recently rowed across the Atlantic Ocean to tackle a challenge of lifetime while raising money for a local cancer charity.Chris Ayres, Lewis Locke, James Piper and Andy Taw—all employed by Helix Energy Solutions Group as deep sea saturation divers—took part in ‘The 2021 Talisker Whisky Atlantic Challenge’, which saw the four men row 3,000 miles from La Gomera, the Canary Islands, to Antigua in The Caribbean to raise money for Wessex Cancer Trust.

15 Dec 2021

Brazil: Helix Energy Solutions Wins One-year Charter Extension for 'Siem Helix 2'

U.S.-based Helix Energy Solutions Group has secured an extension of its well intervention charter and services contracts with Brazil's Petrobras for the Siem Helix 2 well intervention vessel."The initial four-year contract for the Siem Helix 2 has been extended by one year at a reduced rate reflective of the current market. The Siem Helix 2 is now set to remain under contract with Petrobras until mid-December 2022 performing riser-based well intervention activities," Helix Energy Solutions said. The company did not provide details on the value of the contract.The Siem Helix 2 is a 2016-built well intervention vessel capable of performing a wide range of subsea services including production enhancement…

01 Oct 2021

5th Circ. Won't Reconsider Ruling on FLSA Exemption for Seamen

© Pongpob / Adobe Stock

A U.S. appeals court on Thursday said workers who use cranes attached to boats to load equipment onto offshore oil rigs are not "seamen" exempt from overtime pay under federal wage law, reviving a collective action against liftboat operator All Coast LLC.The full 5th U.S. Circuit Court of Appeals voted 15-2 to deny en banc review to All Coast and reinstated a three-judge panel's unanimous February ruling that said the workers were engaged in industrial activities that had no bearing…

09 Mar 2021

Gulf of Mexico: HWCG, Helix Extend Fast Oil Spill Response Agreement

Helix 4000 - Public Domain Image

Helix Energy Solutions Group has entered into a new agreement for offshore oil spill response resources with HWCG, a consortium of deepwater oil and gas companies in the Gulf of Mexico who have come together with the shared goal of quickly responding to offshore oil spills.Under the agreement, HWCG’s members are given the opportunity to identify the Helix Fast Response System as a response resource in permit applications to U.S. federal and state agencies, and to deploy the Helix Fast Response System to respond to a well control incident in the U.S. Gulf of Mexico.

02 May 2019

Canyon Charters Otto Candies Vessel

Ross Candies (Photo: Ottio Candies)

Subsea services company Canyon Offshore said it has entered into an agreement with vessel owner Otto Candies for the charter of the Jones Act-compliant inspection, maintenance and repair (IMR) vessel Ross Candies.The charter will commence in July 2019 upon completion of a previously scheduled regulatory dry dock. Canyon, the robotics division of Helix Energy Solutions Group, said it expects the vessel to support IMR operations for clients operating in the U.S. Gulf of Mexico.Jeremiah Hebert…

15 Aug 2018

Heijermans Joins Boskalis Management Board

Bart Heijermans (Photo: Boskalis)

During today's Extraordinary General Meeting of Shareholders, Bart Heijermans was appointed to the Board of Management of Royal Boskalis Westminster N.V. for a term until the Annual General Meeting of Shareholders in 2022.Heijermans will be responsible for the company’s offshore energy division, effective September 1, 2018.Heijermans brings to the board extensive experience in the offshore industry, having recently served as CEO and board member of subsea services provider DeepOcean.

06 Sep 2017

Partners Aim to Bring New Trenching Vehicle to Market

(Photo: Royal IHC)

A Memorandum of Understanding between Royal IHC and Canyon Offshore, a U.K. subsidiary of Houston-based Helix Energy Solutions Group, will see that partners work toward an exclusive arrangement to jointly bring the Hi-Traq trenching vehicle to the market. Upon conclusion of the agreement between the parties, Canyon would have the exclusive right to use the first Hi-Traq M1600, an asset built for both mechanical cutting and jetting operations. The modular asset would be available…

24 Jul 2017

Helix Energy Cuts Q2 Loss

Oil service company Helix Energy Solutions has narrowed its loss in the second quarter of 2017 backed by increased activity of its well intervention business. Mainly North Sea operations helped narrow the firm’s losses. The group, which controls Aberdeen based Helix Well Ops and Canyon Offshore, reported a net loss of $22.9million for the first six months of the year, compared to $38.5million in the same period last year. It reported a net loss of $6.4 million for the second quarter of 2017 compared to a net loss of $10.7 million for the same period in 2016. Owen Kratz, President and Chief Executive Officer of Helix, stated, "Our second quarter results benefited from a strong quarter for our well intervention business in the North Sea and the Gulf of Mexico.

04 Dec 2014

Alewijnse Wins Electrical Installation Contract

The Seawell

Alewijnse Marine Systems has been awarded the contract for the full electrical refit of the 114 metre diving support vessel Seawell, owned by Helix Energy Solutions Group. The Seawell is currently in the North Sea and is expected at the Damen Shiprepair Yard in Vlissingen at mid December 2014 for a planned long term life extension. Alewijnse will spend four months on site, with the work due to start next month. The 114m vessel first entered service in 1987 and is widely credited with pioneering subsea light well intervention in the North Sea. She also operates as a saturation diving vessel.

11 Nov 2014

L-3 SAM Electronics to Equip Two OSVs

Image courtesy of L-3 SAM Electronics

L-3 SAM Electronics has been awarded a contract to provide the complete electrical package, including cable engineering and installation, energy distribution, propulsion, lighting and infotainment systems, as well as internal and external communications systems, for two offshore supply vessels for the Norwegian shipowner, Siem Offshore. Built by Flensburger Schiffbau-Gesellschaft (FSG), located in northern Germany, the 155-meter-long and 31-meter-wide ships are due to be delivered in February and July 2016.

24 Sep 2014

Skandi Constructor Set for Work in Gulf of Mexico in 2015

Well Ops, Inc. a subsidiary of Helix Energy Solutions Group, Inc. is pleased to announce that its well intervention vessel, Skandi Constructor, will be available for operation in the Gulf of Mexico for the first quarter of 2015. The Skandi Constructor is a dedicated light intervention mono hull equipped with the Helix 7 3/8” 10,000psi Subsea Intervention lubricator (SIL) package. The planned campaign in the Gulf follows three very successful campaigns in West Africa, U.K. North Sea and East Coast Canada. The vessel is purpose built and permanently equipped and crewed for Light Well Intervention (LWI). For more information, please contact Well Ops US Commercial Department.