Helix goes well with three-year extension from Shell

Houston: Shell has agreed a three-year extension of its contract with Helix Energy Solutions for the use of Helix’s Q4000 vessel for well intervention services in the US Gulf of Mexico.

The Q4000 is a unique multi-purpose oil field construction and intervention vessel which entered service in the Gulf of Mexico in 2002. It has a column-stabilised semi-submersible design, significant deck load capacity and a high transit speed of 12 knots. It provides a platform for several tasks, including subsea completion, decommissioning and coiled tubing deployment.

Helix has been providing well intervention services to Shell since 2011, using the Q4000 semisubmersible under a master service agreement.

“Given the current state of the oil and gas markets, we view this contract as a step forward in further executing our business strategy,” commented Helix president and ceo, Owen Kratz.

The latest three-year contract will run through the end of 2017.

Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.
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