Partners Aim to Bring New Trenching Vehicle to Market
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…
Alewijnse Wins Electrical Installation Contract
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.
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.
Spotlight on German Shipbuilding
The German shipbuilding industry has a world market share of around one percent. This is certainly in another league compared to China, South Korea and Japan, which divide the global shipbuilding pie of containerships, bulk carriers and tankers among themselves. But the German shipyards are on top in Europe. Here, around 90,000 people in the shipbuilding and supply industry are employed, and the German maritime cluster remains in strategic and symbolic importance. Aside from the Norwegians…
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 to Provide McDermott ROV Services
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.
Siem Offshore in New Offshore Well Intervention Vessels Deal
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…
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…
Helix Updates Offshore Fleet Backlog
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.
Helix to Sell Three Pipelay Vessels
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.
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.
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.
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 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.