Helix Bags Q7000 Contract in Nigeria

Business & Finance

Helix Energy Solutions Group has entered into a contract for its newbuild semi-submersible well intervention vessel, the Q7000.

Image Source: Helix

The vessel will be performing subsea workover and integrated well intervention services with an undisclosed client offshore Nigeria, an estimated minimum 80-day campaign.

Helix continues to mobilize the vessel from the shipyard in Singapore, and the project is scheduled to begin in early January 2020.

Owen Kratz, president and CEO of Helix, stated, “We are very pleased to announce our first contract for the Q7000. The contract represents the result of years of work to bring our new vessel to market, and we look forward to the opportunities that our expansion into the riser-based well intervention market in West Africa will provide, as we continue to strengthen our presence globally.”