Helix Energy Solutions Proceeds with Newbuild Semisub Plans

Helix Energy Solutions Group, Inc. announced that it is proceeding with the construction of a newbuild semisubmersible well intervention vessel.

"We are leveraging our market and technological leadership in subsea well intervention along with the proven success of the Q4000 platform to satisfy an increasing market interest for specialized deepwater well intervention services. We have previously indicated that we intend to address this growing market by delivering new capacity and will continue to expand this business segment further," said Owen Kratz, Helix's Chairman and CEO.

Helix has completed the detailed engineering for the new vessel and expects to commence construction in the near future.

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Dick Young | Feb. 18, 2012
Where is this vessel going to be built. What yard has the contract to build it? Regards, Dick Young Business Develoment Manager National Oilwell Varco Houston, Texas 281-467-3099


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