Helix Announces New Contract for Fast Response System

Source: www.gulfoilandgas.com 3/8/2021, Location: North America

Helix Energy Solutions Group, Inc. has entered into a new Agreement for Response Resources with HWCG LLC.

Under the Agreement, HWCG’s members are given the opportunity to identify the Helix Fast Response System as a response resource in permit applications to U.S. federal and state agencies, and to deploy the Helix Fast Response System to respond to a well control incident in the U.S. Gulf of Mexico. Developed in 2011 as a culmination of Helix’s experience as a responder in the Macondo well control and containment efforts, the Helix Fast Response System consists of the Helix Producer I floating production unit, Q4000 or Q5000 vessels, subsea intervention systems, crude transfer systems and other well control equipment.

Under the terms of the Agreement, HWCG will pay Helix an annual retention fee. HWCG’s members will receive a credit against the annual retention fee for every day that a member utilizes the Q4000 or Q5000. The Agreement replaces the parties’ prior agreement and is effective April 1, 2021 for an initial two-year term.

“We are pleased to continue our long-standing relationship with HWCG, and are proud to stand on call as a first responder in the Gulf of Mexico,” said Owen Kratz, CEO of Helix. “Helix’s industry expertise in offshore well intervention and well control is second to none, and we feel this Agreement demonstrates the parties’ commitment to the continued safe planning, operation and execution of offshore oil and gas production. We embrace our role as a provider of sustainable solutions, are proud to offer the Helix Fast Response System to help mitigate and remediate the environmental risks associated with offshore drilling and production operations.”

HWCG’s Managing Director, Craig T. Castille added, “HWCG and its membership are pleased to have Helix continue as a business partner and core contractor for its source control and containment response in the U.S. Gulf of Mexico.”


Japan >>  5/13/2021 - ? Interior design concept "atmosphere of an ancient city" evokes feeling of Japan.
? Hybrid-type propulsion system with azimuth assistance provi...

Senegal >>  5/10/2021 - Petrofac has secured a contract with bp to develop operational procedures for their Greater Tortue Ahmeyim (GTA) Project in Mauritania and Senegal. ...

Norway >>  5/7/2021 - Norway's Petroleum safety Authority has given Lundin Energy Norway AS (Lundin) consent for the disposal of subsea facilities on the Brynhild field ...
France >>  5/3/2021 - After extensive preparations, offshore installation vessel Aeolus is starting the installation of the first of 62 jacket foundations for the Saint-Bri...

Norway >>  4/26/2021 - Siem Offshore has been awarded a 40 days firm contract plus options, in addition to mobilization and demobilization fees, for the MPSV "Siem Dorado" f...
United States >>  4/23/2021 - The Company is very pleased to see the reaffirmed trust placed by a key client within the subsea construction segment, which underlines the Company’s ...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.