Helix Names Anthony Tripodo New CFO

Helix Energy Solutions announced that Wade Pursell has given his notice that he will be stepping down as Helix's Executive Vice President and Chief Financial Officer, effective as of June 25, 2008. Helix's Board of Directors has appointed Anthony Tripodo to be the Executive Vice President and Chief Financial Officer of Helix, to be effective as of June 25, 2008.

Mr. Tripodo is currently the Executive Vice President and Chief Financial Officer of Tesco Corporation, and has over 28 years of experience, including various executive positions, in the energy industry. Mr. Tripodo, who has served on Helix's Board of Directors since 2003, will resign from the Helix Board.

"It is with genuine sadness that we say farewell to Wade," said Mr. Kratz, Helix's President and Chief Executive Officer. "Wade has served the company well for many years making many valuable contributions and has become a real friend. I and everyone at Helix wish only the best for our friend and I am sure he will do well in his future endeavors.

"We welcome Tony to management of Helix, and look forward to working with him in his new capacity. Tony brings with him a breadth of company as well as industry experience. We believe that Tony's experience, expertise, and knowledge of our company from his five years of service on our Board will make him an important contributor to Helix."

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