Helix Energy Solutions Awarded Multi-Year Contract in the Gulf of America

Helix Energy Solutions Group, Inc. announced that it has been awarded a multi-year contract with a major operator to provide production enhancement and well abandonment services in the US Gulf of America. The contract, commencing in 2026, includes a minimum commitment of vessel utilization, split over three years.

The contract calls for the provision of either the Q5000 or Q4000 riser-based well intervention vessel, a 10k or 15k Intervention Riser System (IRS), and remotely operated vehicles, as well as project management and engineering services. Our services cover operations from fully integrated production enhancement to fully integrated plug and abandonment well services.

The contract includes equipment and services as part of our Subsea Services Alliance, a strategic partnership between Helix and SLB that combines our collective strengths to deliver industry-leading subsea solutions.

Scotty Sparks, Helix’s Executive Vice President and Chief Operating Officer, stated, “We are pleased to expand our backlog by successfully executing another multi-year contract for well intervention services. This contract underscores our commitment to delivering safe, cost-effective, and efficient production enhancement and abandonment services in the Gulf of America, supported by Helix’s advanced vessels, decades of industry-leading experience, and the collaborative capabilities of our Subsea Services Alliance.”

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