Aug 06 2019
Helix Announces Contract for New Q7000 Vessel
Aug. 5, 2019— Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into a contract for its new-build semi-submersible well intervention vessel, the Q7000. The vessel will be performing subsea workover and integrated well intervention services with a major client offshore Nigeria, an estimated minimum 80-day campaign. Helix continues to mobilize the vessel from the shipyard in Singapore, and the project is scheduled to begin in early January 2020.
Owen Kratz, President and Chief Executive Officer of Helix, stated, “We are very pleased to announce our first contract for the Q7000. The contract represents the result of years of work to bring our new vessel to market, and we look forward to the opportunities that our expansion into the riser-based well intervention market in West Africa will provide, as we continue to strengthen our presence globally.”