Helix Energy Solutions Awarded Significant Full-Field Decommissioning Contract in U.S. Gulf of Mexico Shelf

Friday 2 June 2023

Award demonstrates Helix’s expansion of its decommissioning operations and strength of market

Helix Energy Solutions Group, Inc.  has announced that its Louisiana-based subsidiary Helix Alliance has been awarded a 39-well decommissioning contract in the U.S. Gulf of Mexico shelf. The project is expected to commence in mid-2023.

The scope of work includes the plug and abandonment of 39 wells, 15 pipelines and seven structures. Helix Alliance intends to utilize the EPIC Hedron heavy lift derrick barge for structure removals, liftboats for plug and abandonment activities, the Triton Explorer dive support vessel for pipeline abandonments, and multiple Helix Alliance OSVs and several other Helix Alliance assets throughout the campaign.

The EPIC Hedron is a world-class heavy lift derrick barge with a 1,763-ton capacity, a fully revolving crane and accommodations for 300 personnel, offering valuable solutions for heavy lift, decommissioning, construction and installation projects.

Owen Kratz, Helix’s President and Chief Executive Officer, stated, “We are excited that Helix has been awarded this significant well and structure removal and decommissioning contract."

"This award demonstrates Helix’s position as the preeminent company for full-field decommissioning in the Gulf of Mexico shelf, along with our other services supporting the full life cycle of offshore fields, following the expansion of our industry-leading decommissioning services with our acquisition of Alliance last year.”