Houston-headquartered Helix Energy Solutions Group, Inc. (NYSE: HLX) reports that it has secured a multi-year contract with a major operator for riserless plug and abandonment (P&A) operations on up to 34 subsea wells in the U.K. North Sea. The awarded scope of work is scheduled to commence in 2026 and includes the flushing and disconnection of pipelines and well P&A.
The company expects to utilize Helix-owned assets including either the Well Enhancer or the Seawell, purpose-built light well intervention vessels with saturation diving capabilities, a subsea intervention lubricator, and remotely operated vehicles. Helix will also be providing project management and engineering services in support of delivering a fully integrated solution to the operator.
Scotty Sparks, Helix’s executive vice president and chief operating officer, commented, “This new multi-year and multi-well award demonstrates Helix’s position as a leading decommissioning provider in the North Sea and globally. By leveraging our integrated assets and industry-leading operational track-record, we are proud to support our client in executing a safe and cost-effective decommissioning program.”
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Nick Blenkey
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