Helix Energy Solutions Group, Inc. has been successful in securing new long-term contracts with Petrobras, valued at approximately $786 million, for the Siem Helix 1 and Siem Helix 2 vessels. These agreements strengthen Helix’s presence in the Brazilian well intervention market, a key sector for the energy industry. offshore energy offshore energy industry.
Contracts with Petrobras and the Siem Helix vessels
The vessels Siem Helix 1 and 2, designed to perform a variety of subsea services, will continue to operate in the Santos and Campos basins. These vessels, which have accumulated a track record of more than 170 successful interventions, will play a crucial role in optimizing the production of existing assets and the decommissioning of wells in their final phase.
Daniel Stuart, Helix’s Commercial Vice President, highlighted the importance of this new contract, underlining the company’s commitment to innovation and customized solutions.
These three-year contracts not only underscore our strong relationship with the Brazilian oil company, but also reaffirm our focus on the global energy transition.
Stuart commented.
The contracts also include the option to extend the agreement for an additional three years, which could further increase collaboration between the two companies in the region.
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Source: Helix Energy Solutions
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