Marine Link
Tuesday, November 21, 2017

Helix Energy Solutions Group News

Helix Hit Deepwater Oil in Gulf of Mexico

The Danny II exploration well was drilled to a total depth of approximately 14,750 feet, in water depths of approximately 2,800 feet. The well is currently being completed and most likely will be developed via a subsea tie back system to the company's 70% owned and operated East Cameron Block 381 platform located approximately 31 miles to the north in 370 feet of water. First production from Danny II is expected in the fourth quarter of 2012. Johnny Edwards, President of Energy Resource Technology GOM (ERT), a wholly-owned subsidiary of Helix, stated, “Preliminary data from down-hole test tools confirmed oil in the Danny II well with over 9,500 psi of bottom-hole pressure. Additional testing to determine the composition of the reservoir fluids is on-going.

Skandi Constructor Set for Work in Gulf of Mexico in 2015

Skandi Constructor

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.

Helix Updates Offshore Fleet Backlog

'Seawell': Image credit Helix

Helix Energy Solutions Group announce a number of contractual commitments for its well intervention fleet of vessels. The Helix 534 was acquired in August from Transocean and is undergoing modifications and upgrades necessary for conversion into a well intervention vessel at the Jurong Shipyard in Singapore. It is scheduled to sail from Singapore during the first quarter of 2013 and after transit to the Gulf of Mexico, is expected to be placed into service in late second quarter 2013. Backlog for the Helix 534 involves work in the Gulf of Mexico and extends into 2016.

Siem Offshore in New Offshore Well Intervention Vessels Deal

MODU vessel rendering courtesy of Siem Offshore

Siem Offshore Inc. say they have signed agreements with Helix Energy Solutions Group, Inc. to provide 2 well-intervention vessels which will be owned by Siem Offshore and chartered by Helix for an initial period of 7 years, with options that can extend the charter periods up to 22 years. The two vessels will be constructed at the Flensburger shipyard in Germany for Siem Offshore, and will be based on a design developed by Salt Ship Design. They will have an overall length of 158 meters…

BP Claims Progress on Long-Term Solution

According to a June 13 report from MarketWatch, BP PLC said it was taking steps to implement a more permanent arrangement to capture the oil spewing into the Gulf of Mexico, as U.S. officials continued to demand more compensation for the spill. Equipment had been installed and put in place over the weekend as BP worked to put together a system with the flexibility to respond to adverse weather conditions, such as a hurricane, and a bigger storage capacity, BP said. In addition, Helix Energy Solutions Group Inc. said late on June 13 that one of its three offshore oil and gas production facilities was contracted by BP to process and offload crude oil and associated gas. (Source: MarketWatch)

Helix to Sell Three Pipelay Vessels

Pipelayer Caesar: Photo credit COSCO Shipyard

Helix Energy Solutions Group to sell pipelay vessels, 'Caesar, Express', 'Intrepid' & related equipment in separate transactions for a total $252,750,000. On October 15, 2012, Helix entered into an agreement to sell the Caesar, Express and related equipment to Coastal Trade Limited for a total of $238,250,000. The sale of these assets is expected to close in two stages as each vessel completes its existing contractual backlog. The Express closing is expected to occur in February 2013 and the Caesar closing is expected to occur in July 2013.

Helix to Provide McDermott ROV Services

Image courtesy of Helix

Helix Energy says that its Robotics subsidiary, Canyon Offshore, Inc., has reached an agreement with a subsidiary of McDermott International, Inc. to provide remotely operated vehicle (ROV) services and equipment for McDermott’s fleet of subsea construction and pipelay support vessels. The agreement is for a fixed term of three years with options to extend. Canyon will provide dual 3,000-meter ROV systems onboard McDermott vessels, which initially is expected to include the North Ocean 102, Lay Vessel North Ocean 105, Lay Vessel 108 and the Derrick Lay Vessel 2000.

OneSubsea, Helix and Schlumberger to Form Alliance

OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger today announced that they have entered into a letter of intent to form an alliance to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems. Helix is a leading subsea well intervention provider, with the largest fleet size of well intervention vessels, and an unequalled track record in cost-effective subsea well intervention. OneSubsea, a preeminent solution provider for subsea well control, with a global footprint of executed major projects, has significant experience in the manufacture and supply of subsea well intervention equipment and services.

Helix Receives LOI for Reliance Project in India

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.

Helix Awards Huisman Contract

Huisman won a new contract from Helix Energy Solutions Group, Inc. for the delivery of a Well Intervention System onboard Helix’s new build Semi submersible “Q7000”. The system, which is based on Huisman’s proven Multi Purpose Tower (MPT) design, will be built by the Huisman production facility in China. The fully integrated 800mt Well Intervention System will be capable of handling the Intervention stack, the high pressure riser and other components. The Huisman Multi Purpose Tower has the same functionality as a normal derrick but offers improved accessibility to the well center…

Deal for Floating LNG Powerplant in China

As the proliferation of LNG use spreads rapidly in the maritime and energy sectors, word from China is that Wison Offshore & Marine has signed an MoU with  Shanghai Electric Power Generation Group, on a joint effrot to develop medium to large-scale floating LNG power generation barges. Wison brings a wealth of experience and integration capability in floating LNG facilities, while Shanghai Electric is a leader in core gas power equipment and EPC services for international power projects. Based on the Floating LNG Storage Regasification and Power Generation (FSRP) solution developed by Wison earlier on, both parties will join forces to build up capabilities throughout FSRP project life cycle from product development…

Summit Signs Floating LNG Facility Contract

(Left to right) Chairman of Summit Group Muhammed Aziz Khan, Managing Director of Summit LNG Terminal ANM Tariqur Rashid, Managing Director of Geocean Fabrice Novel and Business Development Manager of Geocean Philippe Besson. Photo:  Summit Power International Pte Ltd.

Summit LNG Terminal, a subsidiary of Summit Power International, signed a USD 100 Million turnkey contract with marine work contractor consortium comprising of Geocean SAS and MacGregor for design, engineering, procurement, fabrication, installation and testing of the Fixed Infrastructure (FI) for its Floating LNG Storage and Regasification Terminal (FSRT) at Moheskhali, Cox’s Bazar. The project completion date is 16 months from the time of signing. The Fixed Infrastructure will consist…

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.

Offshore Caribbean Deepwater Drilling Response Forum

Caribbean nations will come together for the first time to specifically address emergency response protocols for offshore deepwater drilling activities. Open Forum’s inaugural conference: 'One Caribbean – One Responseon' will be held September 13, 2012, in Port of Spain, Trinidad. “The Caribbean Sea and Gulf of Mexico are inextricably linked by the continuous flow of ocean currents and eddy streams. A deepwater event in any one of these regions becomes everyone’s challenge,” said Open Forum founder Lee Hunt, former President of the International Association of Drilling Contractors. The goal of the forum is to improve the integration of emerging deep-water drilling with regional regulatory and industry response capabilities.

ABB Ability Marine Pilot Vision Unveiled

(Image: ABB)

ABB has unveiled a new situational awareness solution that aims to make vessel operations safer and more efficient. The solution can be used by officers anywhere onboard a ship and marks the next step towards remotely controlled and ultimately autonomous ships. ABB Ability Marine Pilot Vision takes advantage of the latest advances in sensor technology and computer vision to offer multiple real-time visualizations of a vessel’s surroundings and new ways of perceiving its situation.

Helix Wins Pipelay Contract

Helix Energy Solutions announced that it has been awarded a contract by BP Norge for the lay of a gas export pipeline for the Skarv Idun development project, in the Norwegian Sea. This 80 kilometer, 26-in. coated pipeline will be installed by the pipe lay vessel Caesar in the summer of 2009.

Wärtsilä Launches Fuel-Saving Pre-Swirl Stator

EnergoFlow. Photo: Wärtsilä

EnergoFlow is a new energy saving solution that will return ship operators’ investment in less than two years, according to its developer Wärtsilä. By reducing the power losses which occur in the propeller’s slipstream with an optimised inflow, Wärtsilä’s solution improves fuel efficiency by up to 10 percent. The technology group Wärtsilä launches the newest solution in its propulsion efficiency portfolio during November. The product will be introduced at the Europort event in Rotterdam, the Netherlands, on Tuesday, November 7.

ABB Outlines Its Plan for Shipping's Future

(Image: ABB)

“We are living through one of the most exciting periods in the history of the maritime industry,” said Juha Koskela, Managing Director, ABB Marine & Ports. ABB, a company with its sights set on spurring the next step change for vessel and fleet management, has laid out its new approach “harnessing the full potential of its power, control and automation solutions” via digital integration. “We believe the next generation of ships will be electric, digital and connected as the industry moves towards the use of new energy sources and automated ship operations,” Koskela said. “Electric. Digital.

Aker Kvaerner Wins Subsea Umbilical Contract

Aker Kvaerner won a $14m contract to supply subsea umbilicals to Helix Energy Solutions through its subsidiary Energy Resource Technology, Inc. The contract inlcudes engineering and project management for the Noonan development project in the Gulf of Mexico. Aker Kvaerner will supply main and infield Electro/Hydraulic umbilicals for Helix's Noonan project in the Gulf of Mexico. The Noonan field is the Garden Banks Block 506 located approximately 230 km (145 miles) offshore from Galveston, Texas at a water depth of 820 m (2,700 ft.). The umbilical project management, engineering, and manufacturing will be performed at the Aker Kvaerner Mobile, Ala., USA facility. Delivery is scheduled for January 2008.

Aker Kvaerner Wins Subsea Umbilical Contract

Aker Kvaerner won a $14m contract to supply subsea umbilicals to Helix Energy Solutions through its subsidiary Energy Resource Technology, Inc. The contract includes engineering and project management for the Noonan development project in the Gulf of Mexico. Aker Kvaerner will supply main and infield Electro/Hydraulic umbilicals for Helix's Noonan project in the Gulf of Mexico. The Noonan field is the Garden Banks Block 506 located approximately 230 km (145 miles) offshore from Galveston, Texas at a water depth of 820 m (2,700 ft.). The umbilical project management, engineering, and manufacturing will be performed at the Aker Kvaerner Mobile, Ala., USA facility. Delivery is scheduled for January 2008.

Helix Energy Cuts Q2 Loss

Photo: Helix Energy Solutions

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.

Significant Contract Win for EFC

(Photo courtesy ThinkPR Scotland Ltd)

Electro-Flow Controls (EFC), an Aberdeen-based leading designer and manufacturer of instrumentation, monitoring and control systems for the global oil and gas industry, has secured a contract worth over $900,000 with Helix Well Ops (UK). The provider of life-of-field services and development solutions has contracted EFC to design and supply riser handling and additional storage solutions for the company’s Well Enhancer vessel. Bob Will, EFC managing director said: “EFC offered its conceptual design service…

Helix Announces Another GOM Find

Helix Energy Solutions announced that its wholly-owned subsidiary, Energy Resource Technology GOM (ERT) has made a second discovery in Garden Banks Block 506, approximately 145 miles offshore from Galveston, Texas, in 2,700 feet of water in the Gulf of Mexico. The 100% owned and operated "Danny" exploratory well has been drilled and wireline logs and repeat formation tests confirm the presence of high quality oil in a single sand body. Preliminary analysis indicates reserve potential of around 50 bcfe. The well is currently being completed and it is anticipated that the Danny discovery will be developed, in conjunction with the development of the Noonan reservoir…

Maritime Reporter Magazine Cover Nov 2017 - The Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News