Helix Awarded New Long-Term Well Intervention Contracts with Petrobras for Siem Helix 1 and Siem Helix 2
Helix Energy Solutions Group (NYSE: HLX) has secured new three-year vessel charter and service contracts with Petrobras for its riser-based well intervention vessels, Siem Helix 1 and Siem Helix 2, operating offshore Brazil. The contracts, valued at an estimated $786 million, include options for an additional three years each. These agreements follow a competitive tender process and build upon Helix's seven-year working relationship with Petrobras.
The Siem Helix 2 has been working for Petrobras since 2017, completing over 100 well interventions in the Santos and Campos Basins. The Siem Helix 1 previously worked for Petrobras from April 2017 to July 2021, completing 74 well interventions in the same basins. Both vessels are advanced, purpose-built well intervention vessels capable of performing various subsea services.
Helix Energy Solutions Group (NYSE: HLX) ha ottenuto nuovi contratti di noleggio e servizi per navi della durata di tre anni con Petrobras per le sue navi di intervento sottomarino basate su riser, Siem Helix 1 e Siem Helix 2, che operano al largo del Brasile. I contratti, del valore stimato di 786 milioni di dollari, includono opzioni per ulteriori tre anni ciascuno. Questi accordi seguono un processo di gara competitiva e si basano sulla relazione lavorativa di sette anni di Helix con Petrobras.
Il Siem Helix 2 ha lavorato per Petrobras dal 2017, completando oltre 100 interventi su pozzi nei bacini di Santos e Campos. Il Siem Helix 1 aveva precedentemente lavorato per Petrobras da aprile 2017 a luglio 2021, completando 74 interventi su pozzi negli stessi bacini. Entrambe le navi sono avanzate, progettate appositamente per interventi su pozzi e capaci di eseguire vari servizi sottomarini.
Helix Energy Solutions Group (NYSE: HLX) ha asegurado nuevos contratos de arrendamiento y servicios de embarcaciones por tres años con Petrobras para sus embarcaciones de intervención de pozos basadas en risers, Siem Helix 1 y Siem Helix 2, que operan en alta mar en Brasil. Los contratos, valorados en un estimado de $786 millones, incluyen opciones para tres años adicionales cada uno. Estos acuerdos siguen un proceso de licitación competitiva y se basan en la relación laboral de siete años entre Helix y Petrobras.
El Siem Helix 2 ha estado trabajando con Petrobras desde 2017, completando más de 100 intervenciones de pozos en las cuencas de Santos y Campos. El Siem Helix 1 trabajó anteriormente con Petrobras desde abril de 2017 hasta julio de 2021, completando 74 intervenciones en los mismos campos. Ambas embarcaciones son avanzadas, diseñadas específicamente para intervenciones en pozos y capaces de realizar varios servicios submarinos.
헬릭스 에너지 솔루션 그룹 (NYSE: HLX)는 페트로브라스와의 3년 선박 임대 및 서비스 계약을 체결하여 리저 기반의 우물 개입 선박인 시엠 헬릭스 1과 시엠 헬릭스 2가 브라질의 해역에서 운영되도록 했습니다. 이 계약의 가치는 약 7억 8600만 달러로 추정되며, 각각 추가 3년 옵션이 포함되어 있습니다. 이 계약은 경쟁 입찰 과정을 통해 체결되었으며, 헬릭스와 페트로브라스 간의 7년간의 협력 관계를 바탕으로 하고 있습니다.
시엠 헬릭스 2는 2017년부터 페트로브라스와 함께 작업했으며, 상토스 및 캠포스 분지에서 100건 이상의 우물 개입을 완료했습니다. 시엠 헬릭스 1은 2017년 4월부터 2021년 7월까지 페트로브라스와 함께 작업했으며, 같은 분지에서 74건의 우물 개입을 완료했습니다. 두 선박 모두 첨단 기술로 제작된 우물 개입선으로 다양한 해양 서비스를 수행할 수 있습니다.
Helix Energy Solutions Group (NYSE: HLX) a sécurisé de nouveaux contrats de location de navires et de services de trois ans avec Petrobras pour ses navires d'intervention en mer basés sur des risers, Siem Helix 1 et Siem Helix 2, opérant au large du Brésil. Les contrats, d'une valeur estimée à 786 millions de dollars, incluent des options pour trois années supplémentaires chacun. Ces accords font suite à un processus d'appel d'offres compétitif et s'appuient sur la relation de travail de sept ans de Helix avec Petrobras.
Le Siem Helix 2 travaille pour Petrobras depuis 2017, ayant réalisé plus de 100 interventions sur des puits dans les bassins de Santos et Campos. Le Siem Helix 1 a travaillé précédemment pour Petrobras d'avril 2017 à juillet 2021, réalisant 74 interventions sur des puits dans les mêmes bassins. Les deux navires sont avancés, construits sur mesure pour intervenir sur des puits et capables d'effectuer divers services sous-marins.
Helix Energy Solutions Group (NYSE: HLX) hat neue Dreijahresverträge für Schiffscharter und Dienstleistungen mit Petrobras für seine riser-basierten Bohrlochinterventionsschiffe, Siem Helix 1 und Siem Helix 2, die vor der Küste Brasiliens tätig sind, gesichert. Die Verträge, die auf etwa 786 Millionen US-Dollar geschätzt werden, beinhalten Optionen für jeweils drei zusätzliche Jahre. Diese Vereinbarungen folgen einem wettbewerblichen Ausschreibungsverfahren und bauen auf der siebenjährigen Arbeitsbeziehung von Helix mit Petrobras auf.
Die Siem Helix 2 arbeitet seit 2017 für Petrobras und hat über 100 Bohrlochinterventionen in den Santos- und Campos-Becken abgeschlossen. Die Siem Helix 1 arbeitete zuvor von April 2017 bis Juli 2021 für Petrobras und führte in denselben Becken 74 Interventionen durch. Beide Schiffe sind fortschrittliche, speziell gebaute Bohrlochinterventionsschiffe, die in der Lage sind, verschiedene Unterwasserleistungen zu erbringen.
- Secured new three-year contracts with Petrobras valued at $786 million
- Contracts include options for additional three years
- Strengthens long-term relationship with Petrobras
- Demonstrates Helix's expertise in well intervention services
- None.
Insights
Helix Energy Solutions Group's new contracts with Petrobras represent a significant financial boost. The
This contract renewal underscores the ongoing demand for well intervention services in mature offshore basins like Santos and Campos. It reflects a broader industry trend of operators focusing on maximizing production from existing assets rather than new field development, aligning with Helix's "Energy Transition" business model. The vessels' versatility in performing various subsea services positions Helix well in this market. The contract's length suggests Petrobras's long-term commitment to maintaining and optimizing its offshore production, which could indicate stable activity levels in the Brazilian offshore sector. This deal may also signal increased competition for similar contracts in other regions, potentially benefiting companies with proven track records in well intervention.
Helix's contract win reinforces its market leadership in the specialized well intervention segment. The company's success in securing this contract after a competitive tender process demonstrates its strong value proposition and operational capabilities. The long-term nature of the contract provides visibility into future earnings, which is likely to be viewed favorably by investors. Moreover, the option for an additional three years indicates potential for further revenue stability. This contract also highlights the growing importance of well intervention services in the offshore energy sector, as companies focus on enhancing production from existing assets. Investors should monitor similar contract awards in the industry to gauge overall market demand and competitive dynamics.
The Siem Helix 2, since 2017, has been performing riser-based well intervention activities for Petrobras in the Santos and Campos Basins, and to date has completed more than 100 well interventions.
The Siem Helix 1 previously worked for Petrobras from April 2017 – July 2021 completing 74 well interventions in the Santos and Campos Basins.
Daniel Stuart, Helix’s Vice President—Commercial, stated, “We have built a long and productive working relationship with Petrobras for the last seven years. During this time, we have consistently delivered safe and cost-effective well intervention services to the Brazilian market. These new three-year contracts underscore Helix's commitment to innovation, tailored solutions, and leveraging our extensive global well intervention expertise. These contracts reaffirm our Energy Transition business model, empowering clients to optimize production from their existing assets.”
The Siem Helix 1 and Siem Helix 2 are purpose-built, advanced well intervention vessels capable of performing a wide range of subsea services including production enhancement, well decommissioning, subsea installation, offshore crane and Remotely Operated Vehicle operations, offshore construction, and emergency response.
About Helix
Helix Energy Solutions Group, Inc., headquartered in
Forward-Looking Statements
This press release contains forward-looking statements that involve risks, uncertainties and assumptions that could cause our results to differ materially from those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, any statements regarding: the new contract and charter and any amendment or extension thereof, and the work thereunder and the parties thereto; our plans, strategies and objectives for future operations; any projections of financial items including projections as to guidance and other outlook information; future operations expenditures; our ability to enter into, renew and/or perform commercial contracts; the spot market; our current work continuing; visibility and future utilization; our protocols and plans; energy transition or energy security; our spending and cost management efforts and our ability to manage changes; oil price volatility and its effects and results; our ability to identify, effect and integrate mergers, acquisitions, joint ventures or other transactions, including the integration of the Alliance acquisition and any subsequently identified legacy issues with respect thereto; developments; any financing transactions or arrangements or our ability to enter into such transactions or arrangements; our sustainability initiatives; future economic conditions or performance; our share repurchase program or execution; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Forward-looking statements are subject to a number of known and unknown risks, uncertainties and other factors that could cause results to differ materially from those in the forward-looking statements, including but not limited to the terms of the new contract and charter and/or the work thereunder or extension thereof; market conditions and the demand for our services; volatility of oil and natural gas prices; results from mergers, acquisitions, joint ventures or similar transactions; results from acquired properties; our ability to secure and realize backlog; the performance of contracts by customers, suppliers and other counterparties; actions by governmental and regulatory authorities; operating hazards and delays, which include delays in delivery, chartering or customer acceptance of assets or terms of their acceptance; the effectiveness of our sustainability initiatives and disclosures; human capital management issues; complexities of global political and economic developments; geologic risks; and other risks described from time to time in our filings with the Securities and Exchange Commission ("SEC"), including our most recently filed Annual Report on Form 10-K, which are available free of charge on the SEC's website at www.sec.gov. We assume no obligation and do not intend to update these forward-looking statements, which speak only as of their respective dates, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240827464535/en/
Erik Staffeldt, Executive Vice President and CFO
Ph: 281-618-0465
email: estaffeldt@helixesg.com
Source: Helix Energy Solutions Group, Inc.
FAQ
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