Siem Helix 1 Commences Operations in Brazil
Source: www.gulfoilandgas.com 4/19/2017, Location: South America
Helix Energy Solutions Group, Inc. (HLX) announced that the Siem Helix 1 has commenced operations offshore Brazil and is on contract for Petroleo Brasileiro S.A. The vessel will be performing well intervention services under a multi-year contract with Petrobras. We have agreed with Petrobras to commence operations at reduced day rates for Siem Helix 1 as we work through certain items identified in the vessel acceptance process.