Helix completes sale of Caesar pipelay vessel

Helix Energy Solutions Group Inc. (NYSE: HLX) has closed the previously announced sale of its pipelay vessel, the Caesar, to Trevaskis Ltd. for approximately $138 million.

Offshore staff

HOUSTON – Helix Energy Solutions Group Inc. (NYSE: HLX) has closed the previously announced sale of its pipelay vessel, the Caesar, to Trevaskis Ltd. for approximately $138 million.

Helix expects the sale of itsExpresspipelay vessel to close next month.

Helix isexiting the pipelay business to concentrate on well intervention and robotics.

6/18/2013

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