New York-listed Helix Energy Solutions has penned a five-year deal with Talos Energy for offshore decommissioning work in the US Gulf of Mexico.
The Houston-based firm said the agreement covers normal course abandonment of offshore wells, pipelines and platforms.
Helix’s Louisiana-based unit, Helix Alliance, will use derrick barges for structure removals, liftboats for plug and abandonment, and dive support vessels for pipeline abandonments.
Multiple offshore supply vessels and several other assets will also be utilised throughout the campaign, expected to start in the second quarter of 2024.
“Helix and Talos have worked together on field production, well intervention and decommissioning in the deepwater arena for many years, and this framework expands the relationship onto the shelf, further demonstrating Helix’s position as the preeminent company for full-field decommissioning in the Gulf of Mexico,” remarked Owen Kratz, president and chief executive at Helix.
