Helix Announces Decommissioning Contract Extension with Trident Energy and other Commercial Updates
Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce the extension of its decommissioning contract with Trident Energy do Brasil Ltda.
- Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce the extension of its decommissioning contract with Trident Energy do Brasil Ltda.
- The contract extension is for an additional 12 months and in direct continuation of the current contract.
- The extension is expected to begin in the fourth quarter of 2024 at rates in line with the improved well intervention market.
- Helix and Siem Offshore have signed six-year charter extensions for both the Siem Helix vessels, with the Siem Helix 1 term extending through December 2030 and the Siem Helix 2 term extending through December 2031.