Helix Energy Solutions Group and oil major Shell have signed a multi-year contract to provide well intervention services in the Gulf of Mexico.
The agreement will utilise Helix’s deepwater well intervention semi-submersible, the 04000.
It has already been performing work for Shell since 2011 under a Master Service Agreement.
The contract will last from this year until the end of 2017.
Helix president,Owen Kratz, said: “Shell has remained a customer for Helix over a number of years, and we appreciate their confidence in our Company’s well intervention services.
“Given the current state of the oil and gas markets, we view this contract as a step forward in further executing our business strategy.”
The Q4000 is a DP3 semi-submersible MODU converted designed for well intervention in water depths to 10,000 ft and provides a platform for a variety of tasks including subsea well intervention, field and well decommissioning and emergency well containment.