Well Intervention News

Oslo-listed offshore vessel owner Siem Offshore has secured long-term contracts with Helix Energy Solutions for two of its Siem Helix well intervention vessels.The contracts, valued at a total of $682 million, follow the letter of intent the companies announced in November 2023.The new contracts for Siem Helix 1 and Siem Helix 2, effective from January 1, 2025, and January 1, 2026, respectively, replace existing agreements and ensure firm utilization for these key vessels until at least 2030.With a duration of 6 years for each vessel…

Helix Energy Solutions Group, Inc. announced on Monday that it entered into a two-year extension of its well intervention charter and services contracts with Petróleo Brasileiro S.A. (Petrobras) for the Siem Helix 2 well intervention vessel offshore Brazil. The negotiated extension is scheduled to conclude in December 2024 and directly follows Helix’s current contracts with Petrobras.The Siem Helix 2 is a purpose-built, advanced well intervention vessel capable of performing a wide range of subsea services including production enhancement, well decommissioning, subsea installation, offshore crane and remotely operated vehicle (ROV) operations, offshore construction and emergency response.

U.S.-based offshore vessel operator Bordelon Marine has secured a one-year charter with Subsea 7 i-Tech US Inc. for its Connor Bordelon ultra-light intervention vessel.The Jones Act-compliant vessel is mobilized with two Schilling 150 HD Work Class ROVs with high spec survey capabilities operated by Subsea 7. The vessel is configured to support Inspection, Repair & Maintenance (IRM) operations for clients operating in U.S. waters and regional international locations."We look forward to working with Subsea 7 in support of their U.S. and International IMR and light intervention scopes.

Helix Robotics Solutions, the U.S. robotics division of Helix Energy Solutions Group, has extended the charter for Bordelon Marine's DP2 Jones Act-compliant Ultra-Light Intervention Vessel (ULIV) M/V Shelia Bordelon through June 2024.Helix currently primarily operates the vessel to support offshore renewables and inspection, repair, and maintenance (IRM) activities for clients operating in U.S. waters. Recently, Helix contracted the Shelia Bordelon to support the growing wind farm industry offshore the U.S.

U.S.-based Helix Energy Solutions Group has secured an extension of its well intervention charter and services contracts with Brazil's Petrobras for the Siem Helix 2 well intervention vessel."The initial four-year contract for the Siem Helix 2 has been extended by one year at a reduced rate reflective of the current market. The Siem Helix 2 is now set to remain under contract with Petrobras until mid-December 2022 performing riser-based well intervention activities," Helix Energy Solutions said. The company did not provide details on the value of the contract.The Siem Helix 2 is a 2016-built well intervention vessel capable of performing a wide range of subsea services including production enhancement…