Helix Awarded New Long-Term Well Intervention Contracts with Petrobras for Siem Helix 1 and Siem Helix 2
Helix Energy Solutions Group, Inc. (HLX)
Last helix energy solutions group, inc. earnings: 4/22 06:15 pm
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce new three-year vessel charter and service contracts with Petróleo Brasileiro S.A. (“Petrobras”) for the riser-based well intervention vessels Siem Helix 1 and Siem Helix 2 working offshore Brazil. The new three-year contracts are valued in aggregate at an estimated $786 million, in accordance with Petrobras’ estimated value. Each contract includes an additional three years of options. The contracts were entered into following a competitive tender process.The Siem Helix 2, since 2017, has been performing riser-based well intervention activities for Petrobras in the Santos and Campos Basins, and to date has completed more than 100 well interventions.The Siem Helix 1 previously worked for Petrobras from April 2017 – July 2021 completing 74 well interventions in the Santos and Campos Basins.Daniel Stuart, Helix’s Vice President—Commercial, stated, “We have built a long and productive workin
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News
- Helix to Participate in Upcoming EventsBusiness Wire
- Helix Energy Solutions Group, Inc. (NYSE: HLX) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Despite shrinking by US$100m in the past week, Helix Energy Solutions Group (NYSE:HLX) shareholders are still up 132% over 3 years [Yahoo! Finance]Yahoo! Finance
- Helix Energy Solutions Group, Inc. (NYSE: HLX) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Helix Energy Solutions Group, Inc. (NYSE: HLX) had its price target lowered by analysts at TD Cowen from $16.00 to $15.00. They now have a "buy" rating on the stock.MarketBeat
HLX
Earnings
- 10/23/24 - Miss
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Sec Filings
- 11/8/24 - Form SC
- 10/24/24 - Form 10-Q
- 10/24/24 - Form 8-K
- HLX's page on the SEC website