Siem

Helix Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, February 26, 2024
Robotics, Other Energy, Technology, Oil, Gas, Alternative Energy, Energy, Well, Acquisition, Siem, Staffeldt, Note, Free cash flow, Debt, ROV, Debt-to-GDP ratio, Polyhedron, T. Hawk, Capital expenditure, Webcast, Public expenditure, ABL, Abandon, Capital, Central Time, P&A, Cash flow, Video game

Chartered vessel utilization increased slightly to 97% during the fourth quarter 2023 compared to 96% during the fourth quarter 2022.

Key Points: 
  • Chartered vessel utilization increased slightly to 97% during the fourth quarter 2023 compared to 96% during the fourth quarter 2022.
  • ROV and trencher utilization increased to 68% during the fourth quarter 2023 compared to 58% during the fourth quarter 2022, and the fourth quarter 2023 included 271 days of integrated vessel trenching compared to 160 days during the fourth quarter 2022.
  • Robotics operating income increased $2.1 million during the fourth quarter 2023 compared to the fourth quarter 2022 primarily due to higher revenues, offset in part by weather-related losses on a fixed-price trenching contract in the North Sea during the fourth quarter 2023.
  • Shallow Water Abandonment operating income increased $6.2 million during the fourth quarter 2023 compared to the fourth quarter 2022 primarily due to higher revenue and lower costs during the fourth quarter 2023.

Helix Announces Decommissioning Contract Extension with Trident Energy and other Commercial Updates

Retrieved on: 
Tuesday, February 6, 2024
Robotics, Other Energy, Maritime, Technology, Transport, Alternative Energy, Energy, Trident, SLB, HLX, Remotely operated underwater vehicle, Green Canyon, Campos Basin, HPI, Helix, Siem, DP2, Hydrocarbon, Helix Energy Solutions Group, ROV

Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce the extension of its decommissioning contract with Trident Energy do Brasil Ltda.

Key Points: 
  • 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.

Helix Reports First Quarter 2023 Results

Retrieved on: 
Monday, April 24, 2023
Other Energy, Oil, Gas, Alternative Energy, Energy, Robotics, Technology, Maritime, Transport, Well, Cylinder Audio Archive, Maintenance, Capital expenditure, T. Hawk, Share repurchase, Debt, Cash flow, Polyhedron, Central Time, Public expenditure, Siem, Acquisition, Gulf of Mexico, Staffeldt, Capital, Radioisotope Production Facility, ABL, Webcast, Free cash flow, ROV, Director General of the European Union Military Staff, Video game, Q4000, Helix

Overall Well Intervention vessel utilization decreased to 80% during the first quarter 2023 compared to 97% during the prior quarter.

Key Points: 
  • Overall Well Intervention vessel utilization decreased to 80% during the first quarter 2023 compared to 97% during the prior quarter.
  • Well Intervention revenues increased $36.1 million, or 34%, during the first quarter 2023 compared to the first quarter 2022.
  • Overall Well Intervention vessel utilization increased to 80% during the first quarter 2023 compared to 67% during the first quarter 2022.
  • Operating cash flows were $(5.4) million during the first quarter 2023 compared to $49.7 million during the prior quarter and $(17.4) million during the first quarter 2022.

Helix Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Monday, February 20, 2023
Oil, Gas, Energy, Well, Public expenditure, CARES Act, Cylinder Audio Archive, Central Time, Capital expenditure, Polyhedron, Radioisotope Production Facility, Helix fast-response system, Staffeldt, Cash flow, Petrobras, Free cash flow, Siem, Debt, Maintenance, Acquisition, Capital, Webcast, Robotics, ROV, Liftboat, OSV, T. Hawk, P&A, DSV, ABL, Helix Producer 1, Environment, Grand Canyon, Video game, Real estate, Cryptocurrency, Gulf of Mexico, Helix

Well Intervention revenues increased $48.5 million, or 41%, during the fourth quarter 2022 compared to the fourth quarter 2021.

Key Points: 
  • Well Intervention revenues increased $48.5 million, or 41%, during the fourth quarter 2022 compared to the fourth quarter 2021.
  • Overall Well Intervention vessel utilization increased to 97% during the fourth quarter 2022 from 56% during the fourth quarter 2021.
  • ROV and trencher utilization increased to 58% during the fourth quarter 2022 from 38% during the fourth quarter 2021, and trenching days increased to 160 days during the fourth quarter 2022 compared to 90 days during the fourth quarter 2021.
  • Robotics operating income increased $3.6 million during the fourth quarter 2022 compared to the fourth quarter 2021 due to higher revenues.

Helix Energy Solutions Announces Two-Year Contract Extension with Petrobras for Siem Helix 2

Retrieved on: 
Monday, September 19, 2022
Alternative Energy, Energy, Other Energy, Oil, Gas, Energy transition, Siem, ESG, COVID-19, NYSE, Petrobras, Helix, Contract, Helix Energy Solutions Group, HLX, Private Securities Litigation Reform Act, Forward-looking statement, Annual report, Santos, Robotics, SEC, Airline, Risk management

Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into a two-year extension of its well intervention charter and services contracts with Petrleo Brasileiro S.A. (Petrobras) for the Siem Helix 2 well intervention vessel offshore Brazil.

Key Points: 
  • Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into a two-year extension of its well intervention charter and services contracts with Petrleo 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 Helixs current contracts with Petrobras.
  • The Siem Helix 2 has consistently provided industry- and global-leading well intervention services to Petrobras.
  • Helix Energy Solutions Group, Inc., headquartered in Houston, Texas, is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations.

Helix Energy Solutions Announces Contract Extension for Decommissioning Project in Brazil

Retrieved on: 
Wednesday, March 16, 2022
Alternative Energy, Energy, Other Energy, Oil, Gas, Trident, Warburg Pincus, Campos Basin, Siem, Helix, Schlumberger, Helix Energy Solutions Group, HLX, NYSE, Engineering, Robotics, Oil, Petroleum, Online shopping

Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that Trident Energy do Brasil Ltda.

Key Points: 
  • Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that Trident Energy do Brasil Ltda.
  • (Trident Energy) has exercised their option to extend the field decommissioning contract previously awarded by an additional 12 months.
  • Helix Energy Solutions Group, Inc., headquartered in Houston, Texas, is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations.
  • For more information about Helix Energy Solutions Group (NYSE: HLX), please visit our website at www.HelixESG.com .

Helix Energy Solutions Awarded Long-Term Field Decommissioning Project in Brazil

Retrieved on: 
Tuesday, February 15, 2022
Alternative Energy, Energy, Other Energy, Oil, Gas, Trident, NYSE, Helix Energy Solutions Group, Campos Basin, Forward-looking statement, HLX, Private Securities Litigation Reform Act, Warburg Pincus, Robotics, Helix, Engineering, Growth, Siem, Schlumberger

Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has been awarded a field decommissioning contract by Trident Energy do Brasil Ltda.

Key Points: 
  • Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has been awarded a field decommissioning contract by Trident Energy do Brasil Ltda.
  • Scotty Sparks, Helixs Executive Vice President and Chief Operating Officer, stated, We are pleased that Helix has been awarded this major decommissioning contract.
  • We believe that delivering this milestone field decommissioning project will support future growth in the region and lead to additional opportunities.
  • Helix Energy Solutions Group, Inc., headquartered in Houston, Texas, is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations.

Helix Energy Solutions Extends Siem Helix 2 Contract with Petrobras

Retrieved on: 
Tuesday, December 14, 2021
Maritime, Other Energy, Transport, Oil, Gas, Alternative Energy, Energy, Forward-looking statement, U.S. Securities and Exchange Commission, Helix, Siem, NYSE, Private Securities Litigation Reform Act, COVID-19, Petrobras, Annual report, HLX, SEC, Helix Energy Solutions Group, Robotics, Security (finance), ROV, Contract, Â, Risk management

Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce that it has entered into an extension of its well intervention charter and services contracts for the Siem Helix 2 offshore Brazil with Petrleo Brasileiro S.A. (Petrobras).

Key Points: 
  • Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce that it has entered into an extension of its well intervention charter and services contracts for the Siem Helix 2 offshore Brazil with Petrleo Brasileiro S.A. (Petrobras).
  • 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 Group, Inc. is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations.

Security Information and Event Management (SIEM) Market Size to Reach USD 6436.2 Million by 2027 at CAGR 6.8% - Valuates Reports

Retrieved on: 
Monday, September 6, 2021
Computer security, Cyberwarfare, Security engineering, Security information and event management, Siem, Threat, Co-managed Security, Prelude SIEM

BANGALORE, India, Sept. 6, 2021 /PRNewswire/ -- The Security Information and Event Management (SIEM) Market is Segmented by Type (Log and Event Management, Firewall Security Management, Patch Management, Others), by Application (BFSI, Government, Healthcare, Telecom and Information Technology (IT), Energy and Utility, Retail and Hospitality, Education and Academia, Others).

Key Points: 
  • BANGALORE, India, Sept. 6, 2021 /PRNewswire/ -- The Security Information and Event Management (SIEM) Market is Segmented by Type (Log and Event Management, Firewall Security Management, Patch Management, Others), by Application (BFSI, Government, Healthcare, Telecom and Information Technology (IT), Energy and Utility, Retail and Hospitality, Education and Academia, Others).
  • The global Security Information and Event Management market size is projected to reach USD 6436.2 Million by 2027, from USD 3938.3 Million in 2020, at a CAGR of 6.8% during the forecast period 2021-2027.
  • The rise in Concerns Over IT Security is expected to boost the Security Information and Event Management market.
  • Increasing need for security solutions that help organizations recognize potential security threats and vulnerabilities is expected to drive the Security Information and Event Management market.

Security Information and Event Management (SIEM) Market Size to Reach USD 6436.2 Million by 2027 at CAGR 6.8% - Valuates Reports

Retrieved on: 
Monday, September 6, 2021
Computer security, Cyberwarfare, Security engineering, Security information and event management, Siem, Threat, Co-managed Security, Prelude SIEM

BANGALORE, India, Sept. 6, 2021 /PRNewswire/ -- The Security Information and Event Management (SIEM) Market is Segmented by Type (Log and Event Management, Firewall Security Management, Patch Management, Others), by Application (BFSI, Government, Healthcare, Telecom and Information Technology (IT), Energy and Utility, Retail and Hospitality, Education and Academia, Others).

Key Points: 
  • BANGALORE, India, Sept. 6, 2021 /PRNewswire/ -- The Security Information and Event Management (SIEM) Market is Segmented by Type (Log and Event Management, Firewall Security Management, Patch Management, Others), by Application (BFSI, Government, Healthcare, Telecom and Information Technology (IT), Energy and Utility, Retail and Hospitality, Education and Academia, Others).
  • The global Security Information and Event Management market size is projected to reach USD 6436.2 Million by 2027, from USD 3938.3 Million in 2020, at a CAGR of 6.8% during the forecast period 2021-2027.
  • The rise in Concerns Over IT Security is expected to boost the Security Information and Event Management market.
  • Increasing need for security solutions that help organizations recognize potential security threats and vulnerabilities is expected to drive the Security Information and Event Management market.