Search results for: Helix Energy Solutions

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  • 6 June 2017
    Business & Finance

    Oil and gas services company Helix Energy Solutions has announced changes to its executive management team, which became effective Monday, June 5.  Helix said on Monday that the changes were consistent with the company’s long-standing succession plan. Namely, Erik Staffeldt, who has served as Helix’s VP of finance and accounting since July of 2015, was promoted […]

  • 23 April 2020
    Business & Finance

    Houston-based offshore services and robotics specialist Helix Energy Solutions has reported net loss of $11.9 million, or 9 cents per diluted share, for the first quarter of 2020 compared to $1.3 million profit for the same period in 2019. Sequentially, profit fell from $8.1 million of 5 cents per diluted share. The Q1 2020 results […]

  • 24 July 2018
    Business & Finance

    Helix Energy Solutions returned to profit in the second quarter of the year helped by higher revenues from its Well Intervention and Robotics businesses. 

  • 16 February 2012
    Business & Finance

      Helix Energy Solutions Group, Inc. announces that it is proceeding with the construction of a newbuild semisubmersible well intervention vessel. Owen Kratz, Helix’s Chairman and CEO, stated, “We are leveraging our market and technological leadership in subsea well intervention along with the proven success of the Q4000 platform to satisfy an increasing market interest […]

  • 31 July 2013
    Business & Finance

    Helix Energy Solutions Group, Inc. announced today that it is proceeding with the construction of a second newbuild semisubmersible well intervention vessel, to be named the Q7000. Owen Kratz, Helix’s President and CEO, stated, “Based on strong market demand and our proven success for delivering specialized deepwater well intervention services, we are moving forward with […]

  • 31 July 2013
    Equipment

    Helix Energy Solutions Group, Inc. announced today that it is proceeding with the construction of a second newbuild semisubmersible well intervention vessel, to be named the Q7000. Owen Kratz, Helix’s President and CEO, stated, “Based on strong market demand and our proven success for delivering specialized deepwater well intervention services, we are moving forward with […]

  • 31 July 2013

    Helix Energy Solutions Group, Inc. announced yesterday that it is proceeding with the construction of a second newbuild semisubmersible well intervention vessel, to be named the Q7000. Owen Kratz, Helix’s President and CEO, stated, “Based on strong market demand and our proven success for delivering specialized deepwater well intervention services, we are moving forward with […]

  • 31 July 2013
    Business & Finance

    Helix Energy Solutions Group, Inc. announced that it is proceeding with the construction of a second newbuild semisubmersible well intervention vessel, to be named the Q7000. Owen Kratz, Helix’s President and CEO, stated, “Based on strong market demand and our proven success for delivering specialized deepwater well intervention services, we are moving forward with the […]

  • 30 July 2019
    Business & Finance

    Helix Energy Solutions’ board of directors has appointed Amy Nelson as a new director. Nelson, 50, is the president of Greenridge Advisors which she founded in 2007 as an energy services and equipment consulting firm focused on the development, execution and financing of growth strategies. Prior to Greenridge, she served as a vice president of […]

  • 6 May 2019
    Business & Finance

    Helix Energy Solutions has announced certain changes within its executive management team, consistent with the company’s long standing succession plan, effective May 1, 2019. Alisa Johnson previously announced her retirement from her position as Helix’s executive vice president, general counsel and corporate secretary, and Ken Neikirk has been promoted to these positions. Neikirk has 19 […]

  • 21 February 2017
    Business & Finance

    Houston-based oil and gas services company Helix Energy Solutions narrowed its net loss during the last quarter of 2016 while its revenues dropped.  The company on Monday reported a net loss of $54.4 million for the fourth quarter of 2016, compared to a net loss of $403.9 million for the same period in 2015. According to […]

  • 16 February 2012
    Business & Finance, Research & Development

      Helix Energy Solutions Group, Inc. announced that it is proceeding with the construction of a newbuild semisubmersible well intervention vessel. Owen Kratz, Helix’s Chairman and CEO, stated, “We are leveraging our market and technological leadership in subsea well intervention along with the proven success of the Q4000 platform to satisfy an increasing market interest […]

  • 13 May 2011
    Business & Finance, Operations & Maintenance

    Helix Energy Solutions Group, Inc. announced that it has promoted Cliff Chamblee to Executive Vice President – Contracting Services. Helix’s Contracting Services divisions include the Subsea Construction, Well Operations and Robotics business units. Mr. Chamblee co-founded Canyon Offshore, Inc in 1997 and has been with Helix since its acquisition of the business in 2002, most […]

  • 13 March 2012
    Business & Finance, Project & Tenders

    Helix Energy Solutions Group, Inc. announced that it has signed a contract with Sembcorp Marine’s subsidiary Jurong Shipyard in Singapore for the construction of its newbuild semisubmersible well intervention vessel previously announced by Helix in February. Owen Kratz, Helix’s Chairman and CEO, stated, “We are pleased to have selected a proven partner in Jurong Shipyard […]

  • 13 May 2011
    Business & Finance

      Helix Energy Solutions Group, Inc.  announced today that it has promoted Cliff Chamblee to Executive Vice President – Contracting Services. Helix’s Contracting Services divisions include the Subsea Construction, Well Operations and Robotics business units. Mr. Chamblee co-founded Canyon Offshore, Inc in 1997 and has been with Helix since its acquisition of the business in […]

  • 18 August 2016
    Equipment

    Helix Well Ops (U.K.) Limited, a UK subsidiary offshore energy service company Helix Energy Solutions, has completed what it says it the industry’s first riser-based coiled tubing intervention project from a mobile offshore drilling unit (MODU) class light well intervention vessel (LWIV). Helix says that the ‘pioneering project’ was conducted from the company’s MODU class […]

  • 10 December 2010
    Business & Finance, Equipment

    Helix Energy Solutions Group, Inc.  – notes that certain news articles have been reported regarding the Company’s Deepwater Containment System (DCS). The Helix DCS provides a solution that centers on three vessels, the Helix Producer I, the Q4000 and the Express, each of which played a role in the Macondo response and are presently operating […]

  • 22 January 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Offshore services player Helix Energy Solutions has acquired from Marathon Oil certain operating depths associated with the Droshky Prospect on Green Canyon Block 244, along with related infrastructure. As part of the transaction, Helix will perform the required plug and abandonment operations for which Marathon Oil will pay certain agreed upon amounts. Owen Kratz, president […]

  • 20 July 2016
    Business & Finance

    Offshore services provider Helix Energy Solutions posted a net loss of $10.7 million for the second quarter of the year.  The loss widened when compared to a net loss of $2.6 million reported in the second quarter of 2015. Revenues were $107 million, down from $166 million reported in the second quarter of 2015. Worth […]

  • 5 April 2013

    Helix Energy Solutions Group, Inc. announced today that it has entered into a five-year contract with BP to provide well intervention services to BP in the US Gulf of Mexico with Helix’s deepwater well intervention semisubmersible vessel, the Q5000, currently being constructed in Singapore. The contract is for a minimum 270 days each year and […]

  • 24 July 2017
    Business & Finance

    Houston-based oil and gas services company Helix Energy Solutions Group reduced its net loss in the second quarter of 2017, compared to the prior-year period, helped by well intervention business.  Helix Energy on Monday reported a net loss of $6.4 million for the second quarter of 2017 compared to a net loss of $10.7 million for the same […]

  • 31 May 2019
    Equipment

    Houston-based offshore energy services firm Helix Energy Solutions has bought a majority stake in Aberdeen-based Subsea Technologies Group Limited (STL).