HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has been awarded a multi-year contract with a major operator to provide production enhancement and well abandonment services in the U.S. Gulf of America. The contract, commencing in 2026, includes a minimum commitment of vessel utilization, split over three years. The contract calls for the provision of either the Q5000 or Q4000 riser-based well intervention vessel, a 10k or 15k Intervention Riser S
Related Questions
How will the multi-year contract impact Helix Energy Solutions' revenue and EPS forecasts?
What are the specific utilization rates, fees, and duration details of the Q5000/Q4000 vessel commitment, and how do they compare to Helix's current fleet utilization?
How does this contract affect Helix's competitive positioning in the Gulf of America well intervention and abandonment market versus its peers?