Helix provides Shell with well intervention semisub in the Gulf of Mexico

Submitted by Editorial on Fri, 2015-03-27 10:03

27th March 2015

Helix Energy Solutions Group has entered into a new multi-year contract with Shell to provide well intervention services in the US Gulf of Mexico utilising Helix’s Q4000

The contract is for a three-year duration, commencing 2015 through the end of 2017.

The Q4000 is a deepwater well intervention semisubmersible which has been performing work for Shell since 2011 under a Master Service Agreement.

The contract is for a three-year duration, commencing 2015 through the end of 2017.

“Shell has remained a customer for Helix over a number of years, and we appreciate their confidence in our company’s well intervention services. Given the current state of the oil and gas markets, we view this contract as a step forward in further executing our business strategy,” said Owen Kratz, Helix president and chief executive officer.