OneSubsea – a Cameron and Schlumberger company – Helix Energy Solutions Group, and Schlumberger announced that they have entered into a letter of intent to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems…
Wärtsilä will supply generating sets for two new well intervention vessels for Norway's Siem Offshore, the company announced on 30 June. The contract's scope calls for the supply of eight 6-cylinder in-line Wärtsilä 32 generating sets…
Owen Kratz marks his 60th birthday this year, but he's far from settling down. The CEO of Helix Energy Solutions Group, including the business unit Well Ops, including business unit Well Ops, has the global intervention business in his sights…
An advanced intervention winch system developed by Protea for Helix Well Ops UK Limited (Well Ops) has successfully completed initial operations off West Africa. The system, comprising five winches, active heave compensators, and power and control equipment…
Aberdeen-based Helix Well Ops (Well Ops), a business unit of Helix Energy Solutions Group, Inc. (Helix ESG), has moved to a new location in Dyce, Aberdeen. The firm took on a six-year lease of the 27,682sq ft building. This is double the space it previously occupied at Helix House…
Houston-based Helix Energy Solutions is to provide Petrobras with well intervention services for a minimum four years, using two new-build vessels. The two new monohull vessels, being built at the Flensburger shipyard in Germany for Norway’s…
Houston-based Helix ESG recently completed a deepwater well decommissioning project in 7919ft. Darin Hilton explains the steps and options involved in plugging and abandonment. Over the past several years, there has been a growing demand…
Growing numbers of subsea wells in increasingly deeper waters will continue to drive the market for well intervention capabilities. Infields’ James Hearn outlines the market. Depleting oil and gas reserves within established shallow water…
Helix Energy Solutions has confirmed an order for a second semisubmersible light well intervention rig from Sembcorp Marine subsidiary Jurong Shipyard. The US$346 million order is scheduled for delivery mid-2016, and will be built based…
Helix Energy Solutions Group, Inc. announced plans to proceed with the construction of a second newbuild semisubmersible well intervention vessel, to be named the Q7000. Owen Kratz, Helix’s President and CEO, stated, “Based on strong market…
Helix Energy Solutions Group, Inc. closed the sale of its pipelay vessel, the Caesar, to Trevaskis Ltd. Cash proceeds of approximately US$108 million of the total selling price of approximately $138 million were received at closing; the company…
Demand for well intervention services has continued to be strong in the Gulf of Mexico and North Sea, says Helix Energy Solutions. The Houston-based firm said that as well as a recent five year contract for its Q5000 semisubmersible, currently under construction in Singapore…
Helix Energy Solutions Group has encountered 100ft of high-quality net oil pay in the Wang exploration well, 93 miles off the Louisiana coast in Green Canyon block 237. Drilled to a total depth of 18,300ft, Wang will tie-back to the Helix Producer 1 FPU. First production is expected by 2Q 2013.
Helix Energy Solutions Group is selling its Caesar, Express and Intrepid pipelay vessels with related equipment in separate transactions. Coastal Trade is purchasing the Express and Caesar for US$238 million in deals expected to close next year…
A three-month campaign for West Africa’s first well intervention work and subsea well operations conducted from a monohull intervention vessel was completed recently by Helix Well Ops UK’s 132m-long Well Enhancer. The vessel performed a subsea tree changeout…
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