Helix and BP enter into contract for well interven

Helix Energy Solutions Group, Inc. has entered into a five-year contract with BP to provide well intervention services to BP in the U.S. 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 is expected to begin in 2015 following the delivery of the vessel from the shipyard.
“We appreciate the confidence BP has shown in our Company’s well intervention services, and look forward to this integral step in further executing our business strategy,” said Helix President and Chief Executive Officer, Owen Kratz.
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