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.”

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