Helix Announces Decommissioning Contract Extension with Trident Energy and other Commercial Updates
Helix Energy Solutions Group, Inc. (HLX)
Last helix energy solutions group, inc. earnings: 4/22 06:15 pm
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce the extension of its decommissioning contract with Trident Energy do Brasil Ltda. The contract extension is for an additional 12 months and in direct continuation of the current contract. The extension is expected to begin in the fourth quarter of 2024 at rates in line with the improved well intervention market. The original contract commenced late 2022 offshore Brazil in the Campos Basin and utilizes the Siem Helix 1 riser-based well intervention vessel and a 10K Intervention Riser System. Helix is providing fully integrated plug and abandonment well services through its Subsea Services Alliance partner SLB as well as project management and engineering services.Helix and Siem Offshore have signed six-year charter extensions for both the Siem Helix vessels, with the Siem Helix 1 term extending through December 2030 and the Siem Helix 2 term extending through December 2031. The Siem Heli
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- 4/24/24 - Miss
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- 5/15/24 - Form 8-K
- 5/8/24 - Form 4
- 5/7/24 - Form 144
- HLX's page on the SEC website