Helix Robotics Solutions Awarded Significant Trenching Services Contract
Helix Robotics Solutions, a division of Helix Energy Solutions Group (NYSE: HLX), has secured a significant contract from Seaway7 for cable burial services at Ørsted's Hornsea 3 Offshore Wind Farm. The project, located 120km off the UK's Norfolk coast, involves burying 192 inter-array cables spanning approximately 500 km.
The contract will span over 300 days, commencing in Q3 2026. Helix will deploy the Grand Canyon III trenching support vessel equipped with T1500 jet trencher, i-Trencher system, and remotely operated vehicle capabilities. The project will be managed from Helix's Aberdeen offices with engineering and survey support.
Helix Robotics Solutions, una divisione di Helix Energy Solutions Group (NYSE: HLX), ha ottenuto un contratto significativo da Seaway7 per servizi di sepoltura di cavi presso il Parco Eolico Offshore Hornsea 3 di Ørsted. Il progetto, situato a 120 km dalla costa di Norfolk nel Regno Unito, prevede la sepoltura di 192 cavi inter-array che si estendono per circa 500 km.
Il contratto avrà una durata di oltre 300 giorni, con inizio nel terzo trimestre del 2026. Helix utilizzerà il ponte per scavo Grand Canyon III, attrezzato con un trencher a getto T1500, il sistema i-Trencher e capacità di veicolo operato da remoto. Il progetto sarà gestito dagli uffici di Helix ad Aberdeen, con supporto ingegneristico e di rilievo.
Helix Robotics Solutions, una división de Helix Energy Solutions Group (NYSE: HLX), ha asegurado un contrato significativo con Seaway7 para servicios de entierro de cables en el Parque Eólico Offshore Hornsea 3 de Ørsted. El proyecto, ubicado a 120 km de la costa de Norfolk en el Reino Unido, implica el entierro de 192 cables inter-array que abarcan aproximadamente 500 km.
El contrato se extenderá por más de 300 días, comenzando en el tercer trimestre de 2026. Helix desplegará el buque de soporte para zanjeo Grand Canyon III, equipado con un zanjador a chorro T1500, el sistema i-Trencher y capacidades de vehículo operado de forma remota. El proyecto se gestionará desde las oficinas de Helix en Aberdeen, con apoyo de ingeniería y de encuesta.
Helix Robotics Solutions는 Helix Energy Solutions Group (NYSE: HLX)의 한 부서로서, Ørsted의 Hornsea 3 Offshore Wind Farm에서 케이블 매설 서비스를 위한 중요한 계약을 Seaway7와 체결했습니다. 이 프로젝트는 영국 노퍽 해안에서 120km 떨어진 곳에 위치하며, 약 500km에 걸쳐 192개의 인터배rray 케이블을 매설하는 작업을 포함합니다.
계약은 300일 이상 지속될 예정이며, 2026년 3분기부터 시작됩니다. Helix는 T1500 제트 트렌처, i-Trencher 시스템 및 원격 조정 차량 기능이 장착된 Grand Canyon III 트렌칭 지원 선박을 배치할 예정입니다. 이 프로젝트는 Helix의 애버딘 사무실에서 관리되며, 엔지니어링 및 조사 지원이 제공됩니다.
Helix Robotics Solutions, une division de Helix Energy Solutions Group (NYSE: HLX), a obtenu un contrat significatif de Seaway7 pour des services d'enterrage de câbles au Parc éolien offshore Hornsea 3 d'Ørsted. Le projet, situé à 120 km au large de la côte de Norfolk au Royaume-Uni, implique l'enterrage de 192 câbles inter-array s'étendant sur environ 500 km.
Le contrat s'étendra sur plus de 300 jours, débutant au troisième trimestre 2026. Helix déploiera le navire de soutien à la tranchée Grand Canyon III, équipé d'un trencher à jet T1500, du système i-Trencher et de capacités de véhicules télécommandés. Le projet sera géré depuis les bureaux de Helix à Aberdeen avec un soutien en ingénierie et en enquête.
Helix Robotics Solutions, eine Abteilung der Helix Energy Solutions Group (NYSE: HLX), hat einen bedeutenden Vertrag mit Seaway7 über Kabelverlegedienste im Hornsea 3 Offshore-Windpark von Ørsted abgeschlossen. Das Projekt, das 120 km vor der Küste von Norfolk im Vereinigten Königreich gelegen ist, umfasst das Verlegen von 192 Inter-Array-Kabeln, die sich über ungefähr 500 km erstrecken.
Der Vertrag wird über 300 Tage laufen und beginnt im dritten Quartal 2026. Helix wird das Unterstützungsschiff Grand Canyon III mit einem T1500 Jet-Trencher, dem i-Trencher-System und Funktionen für ferngesteuerte Fahrzeuge einsetzen. Das Projekt wird von den Büros von Helix in Aberdeen mit Ingenieur- und Vermessungsunterstützung geleitet.
- Secured major trenching contract for Hornsea 3 Offshore Wind Farm
- Contract duration exceeds 300 days, providing steady revenue stream
- Project scope covers extensive 500 km cable burial operation
- Strengthens position in offshore renewables sector
- Project execution doesn't begin until Q3 2026, indicating delayed revenue impact
Insights
This contract win represents a substantial strategic victory for Helix's robotics division in the rapidly expanding offshore wind sector. The project's extensive scope - covering 500 km of cable burial operations - signals a major contribution to future revenue streams and operational utilization rates.
The selection of Helix by Seaway7 for the Hornsea 3 project, one of the world's largest offshore wind developments, validates the company's technical capabilities and market position. The extended 300+ day deployment of high-value assets like the Grand Canyon III vessel and specialized trenching equipment ensures strong utilization rates well into 2026-2027.
Several key factors make this contract particularly significant:
- The project's scale suggests a material impact on Helix's revenue pipeline, potentially representing one of their largest trenching contracts to date
- The timing aligns with growing global demand for offshore wind infrastructure services, positioning Helix to capture market share in this expanding sector
- The contract demonstrates successful diversification from traditional oil & gas services into renewable energy projects, reducing sector concentration risk
- Utilization of multiple specialized assets (T1500 trencher, i-Trencher system) showcases Helix's comprehensive technical capabilities
This award strengthens Helix's competitive position in the offshore renewables market while providing enhanced visibility into future revenue streams and asset utilization. The contract's timing and scale suggest positive implications for the company's growth trajectory in the renewable energy sector.
Under the contract, Helix plans to utilize the Grand Canyon III trenching support vessel mobilized with the T1500 jet trencher, the i-Trencher trenching system, a work-class remotely operated vehicle and associated survey services. The project scope includes the burial of all 192 inter-array cables, totalling approximately 500 km in length. The project will be managed with engineering and survey support from Helix’s offices in
Scotty Sparks, Helix’s Executive Vice President and Chief Operating Officer, stated, “Helix is a global leader in subsea robotics and trenching, and we are proud to bring our expertise to the Hornsea 3 Offshore Wind Farm project. This contract with Seaway7, one of the largest trenching awards to Helix, highlights our commitment to supporting offshore wind development and expanding Helix’s offshore renewables activity.”
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 contract, the wind farm, the work and/or initiatives thereunder and the parties thereto; the current market or demand for our services; our ability to enter into, renew and/or perform commercial contracts; our current work continuing; and any impact on our financial and operating results and estimates; any statements regarding our strategy; any statements regarding our business model or the global energy transition; and any statements of assumptions underlying any of the foregoing. The 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 contract and/or any work thereunder or extension thereof; actions by governments, customers, suppliers and partners; market conditions; demand for our services; the performance of contracts by suppliers, customers and partners; actions by governmental and regulatory authorities; operating hazards and delays, which includes delays in delivery, chartering or customer acceptance of assets or terms of their acceptance; our ultimate ability to realize current backlog; employee management issues; complexities of global political and economic developments; geologic risks; volatility of oil and gas prices and other risks described from time to time in our reports filed with the Securities and Exchange Commission (the “SEC”), including Helix’s most recently filed Annual Report on Form 10-K and in Helix’s other filings with the SEC, 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 the securities laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250205121154/en/
Erik Staffeldt
Executive Vice President and CFO
email: estaffeldt@helixesg.com
Ph: 281-618-0465
Source: Helix Energy Solutions Group, Inc.
FAQ
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