Helix announces ROV services contract with McDermott

Helix Energy Solutions Group Inc. reports that its Robotics subsidiary, Canyon Offshore Inc., has agreed with a subsidiary of McDermott International Inc. to provide ROV services and equipment for subsea construction and pipelay support vessels.

May 9th, 2014

Offshore staff

HOUSTONHelix Energy Solutions Group Inc. (NYSE: HLX) reports that its Robotics subsidiary, Canyon Offshore Inc., has agreed with a subsidiary of McDermott International Inc. to provide ROV services and equipment for subsea construction and pipelay support vessels.

Canyon will provide dual 3,000-m (9,843-ft) ROV systems onboard McDermott vessels, which initially is expected to include theNorth Ocean 102, Lay Vessel North Ocean 105, Lay Vessel 108, and the Derrick Lay Vessel 2000. In addition, Canyon will supply tooling, personnel, and ROV project support.

Contract services and equipment mobilization are expected to begin mid-2014, with six ROV systems being installed on three of the McDermott vessels. The agreement is for three years with options to extend.

05/09/2014

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