Petrobras Extends One-Year Contract for Services of Siem Helix 2 Vessel

Written by Flavia Marinho

Published on 08/06/2022 at 11:02

Updated on 27/06/2022 at 17:16

Siem Helix 2

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The Initial Four-Year Contract for the Siem Helix 2 Has Been Extended for One Year. Vessel to Remain Under Contract with Petrobras Until Mid-December 2022

The Helix Energy Solutions Group, based in the US, has secured a one-year extension of its well intervention and service contracts with Brazilian oil giant Petrobras for the well intervention vessel Siem Helix 2.

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“The initial four-year contract for the Siem Helix 2 has been extended for one year at a reduced rate that reflects the current market. The Siem Helix 2 is now expected to remain under contract with Petrobras until mid-December 2022, performing well intervention activities based on risers”, said Helix Energy Solutions. The company did not provide details on the contract value.

The Siem Helix 2 is a well intervention vessel built in 2016 capable of performing a wide range of subsea services, including production enhancement, well decommissioning, subsea installation work, crane operations, and offshore ROV, offshore construction work, and emergency response resources.

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Scotty Sparks, Executive Vice President and Chief Operating Officer of Helix, stated: “In the wake of our recent accommodation and support contract for the sister ship Siem Helix 1 in Ghana for another client, we are pleased to finalize this process and look forward to continuing a long and productive working relationship with Petrobras.

“The Siem Helix 2 has consistently provided industry-leading well intervention services to Petrobras. This extension demonstrates Helix’s ability to continuously deliver innovative solutions to meet our clients’ needs, supported by our experience and proven track record.”

Petrobras Extends One-Year Contract for Services of Siem Helix 2 Vessel

The Initial Four-Year Contract for the Siem Helix 2 Has Been Extended for One Year. Vessel to Remain Under Contract with Petrobras Until Mid-December 2022

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