Helix Energy Solutions Awarded Well Decommissioning Project from Shell Brasil
31 Oktober 2022 - 12:00PM
Business Wire
Commitment further demonstrates Helix’s
strength as a global decommissioning services provider
Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to
announce a deepwater well decommissioning contract award by Shell
Brasil Petroleo Ltda. (Shell Brasil). The project, located offshore
Brazil in the Campos Basin, is expected to commence early 2024 for
a minimum firm period of 12 months, plus customer options to
extend.
The scope of work includes plug and abandonment services on
subsea wells located in the Bijupira and Salema fields. Under the
contract Helix will provide the riser-based well intervention
vessel Q7000, a 10k Intervention Riser System (IRS), and remotely
operated vehicles.
Scotty Sparks, Helix’s Executive Vice President and Chief
Operating Officer, stated, “We are pleased that Helix has been
awarded this major well decommissioning contract. This is another
step forward in the execution of our strategic objectives which
includes contributing to the energy transition by providing
best-in-class and global leading decommissioning services. We look
forward to continuing our relationship with Shell.”
The Q7000, equipped with an IMO-certified DP3 system and the
Helix-designed IRS, can execute well intervention operations in
water depths ranging from 85m to 3,000m. With its open deck plan
and tri-axial configuration, the Q7000 is capable of a wide range
of production enhancement operations including well clean-up and
field development support. The vessel is equally optimized for well
decommissioning, including suspension, tubing removal, tree
recovery and sea floor clearance.
About Helix
Helix Energy Solutions Group, Inc., headquartered in Houston,
Texas, is an international offshore energy services company that
provides specialty services to the offshore energy industry, with a
focus on well intervention and robotics operations. Our services
are centered toward and well positioned to facilitate global energy
transition by maximizing production of remaining oil and gas
reserves, decommissioning end-of-life oil and gas fields, and
supporting renewable energy developments. For more information
about Helix, please visit our website at www.helixesg.com.
Forward-Looking Statements
This press release contains forward-looking statements that
involve risks, uncertainties and assumptions that could cause our
results to differ materially from those expressed or implied by
such forward-looking statements. All statements, other than
statements of historical fact, are "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995, including, without limitation, any statements regarding
the project, contract award, including any extension thereof and
the parties thereto, the COVID-19 pandemic and oil price volatility
and their respective effects and results, our protocols and plans,
our current work continuing, the spot market, our ability to
identify, effect and integrate acquisitions, joint ventures or
other transactions, including the integration of the Alliance
acquisition; our spending and cost reduction plans and our ability
to manage changes; our strategy; any statements regarding
visibility and future utilization; any projections of financial
items including projections as to guidance and other outlook
information; any statements regarding future operations
expenditures; any statements regarding our plans, strategies and
objectives for future operations; any statements regarding our
ability to enter into, renew and/or perform commercial contracts;
any statements concerning developments; any statements regarding
our environmental, social and governance ("ESG") initiatives; any
statements regarding future economic conditions or performance; any
statements of expectation or belief; and any statements of
assumptions underlying any of the foregoing. Forward-looking
statements are subject to a number of known and unknown risks,
uncertainties and other factors that could cause results to differ
materially from those in the forward-looking statements, including
but not limited to the results and effects of the COVID-19 pandemic
and actions by governments, customers, suppliers and partners with
respect thereto; market conditions; results from acquired
properties; demand for our services; the performance of contracts
by suppliers, customers and partners; actions by governmental and
regulatory authorities; operating hazards and delays, which include
delays in delivery, chartering or customer acceptance of assets or
terms of their acceptance; our ability to secure and realize
backlog; the effectiveness of our ESG initiatives and disclosures;
human capital management issues; complexities of global political
and economic developments; geologic risks; volatility of oil and
gas prices and other risks described from time to time in our
reports filed with the Securities and Exchange Commission ("SEC"),
including our most recently filed Annual Report on Form 10-K and in
our other filings with the SEC, which are available free of charge
on the SEC's website at www.sec.gov. We assume no obligation and do
not intend to update these forward-looking statements, which speak
only as of their respective dates, except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221031005063/en/
Erik Staffeldt, Executive Vice President and CFO email:
estaffeldt@helixesg.com Ph: 281-618-0465
Helix Energy Solutions (NYSE:HLX)
Historical Stock Chart
Von Feb 2024 bis Mär 2024
Helix Energy Solutions (NYSE:HLX)
Historical Stock Chart
Von Mär 2023 bis Mär 2024