Subsea Services Alliance to Develop Riserless Abandonment System
The Subsea Services Alliance, a contractual collaboration between Helix Energy Solutions Group, Inc. (NYSE: HLX) and Schlumberger, today announced the launch of the development of the first Riserless Open-water Abandonment Module (ROAM). The 18¾-in. large bore system will enhance well abandonment capacity from a well intervention…
Woods Hole's Profiling System for Helix Energy
Woods Hole Group on November 14, 2014 was awarded a contract to design and install a current profiling system for a subsidiary of Helix Energy Solutions Group Inc. The current profiling system will consist of dual (upward and downward looking) Acoustic Doppler Current Profiling instrumentation (ADCP), a launch and recovery system (LARS)…
Skandi Constructor Set for Work in Gulf of Mexico in 2015
Well Ops, Inc. a subsidiary of Helix Energy Solutions Group, Inc. is pleased to announce that its well intervention vessel, Skandi Constructor, will be available for operation in the Gulf of Mexico for the first quarter of 2015. The Skandi Constructor is a dedicated light intervention mono hull equipped with the Helix 7 3/8” 10,000psi Subsea Intervention lubricator (SIL) package.
OneSubsea, Helix and Schlumberger to Form Alliance
OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger today announced that they have entered into a letter of intent to form an alliance to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems. Helix is a leading subsea well intervention provider…
Helix “Off to a Good Start” in 2014
Helix Energy Solutions Group, Inc. reported net income of $53.7 million, or $0.51 per diluted share, for the first quarter of 2014 compared to net income of $1.6 million, or $0.02 per diluted share, for the same period in 2013 and net income of $36.5 million, or $0.35 per diluted share, in the fourth quarter of 2013. First…