Helix ESG’s Q5000 Delivered from Jurong Shipyard [IMAGES]

Helix ESG accepted delivery of the Q5000 from Jurong Shipyard this week following sea trials. This DP3 well intervention rig is an upgraded version of its smaller, yet hugely successful sibling, the Q4000.  She will soon be heading to the Gulf of Mexico via Mauritius, Walvis Bay and Curacao where, upon arrival, will conduct some work for various clients before starting a 5 year … [Read more...]

Shell Signs Long Term Contract for Helix ESG’s Q4000

Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into a new multi-year contract with Shell to provide well intervention services in the U.S. Gulf of Mexico utilizing their semi-submersible deepwater well intervention rig, Q4000. The Q4000, made somewhat famous within the offshore sector as the primary well intervention asset utilized during … [Read more...]

Helix ESG Announces Management Changes

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that effective May 11, 2015, Cliff Chamblee will retire after 36 years in the offshore services business and will resign as Executive Vice President and Chief Operating Officer. Also effective May 11, 2015, Scotty Sparks will be promoted to the position of Executive Vice President – … [Read more...]

Helix ESG’s Contract with BP Shifts to the Right

Due for delivery from Jurong Shipyard in May, Helix ESG's new well intervention semi-submersible Q5000 was poised to head into a 5-year contract with BP by the third quarter of 2015, however that plan has since changed. Helix says they have reached an agreement with BP Exploration & Production to amend their existing 2013 agreement sliding the contract date to 1 April … [Read more...]

Helix ESG’s Seawell to Get Major Upgrade at Damen’s Vlissingen Yard

Helix ESG's light well intervention/dive support vessel MSV Seawell will be back up on blocks next month at Damen Shiprepair Vlissingen for a major upgrade.  The ship had been drydocked and repairs conducted at the same facility back in 2012. Damen notes the upgrade will be extensive and includes an exchange of all 6 gensets including new foundations, overhaul of all … [Read more...]