|By Business Wire||
|May 8, 2014 05:30 PM EDT||
Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce that its Robotics subsidiary, Canyon Offshore, Inc., has reached an agreement with a subsidiary of McDermott International, Inc. to provide remotely operated vehicle (ROV) services and equipment for McDermott’s fleet of subsea construction and pipelay support vessels. The agreement is for a fixed term of three years with options to extend. Canyon will provide dual 3,000-meter ROV systems onboard McDermott vessels, which initially is expected to include the North 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 to McDermott. Contract services and equipment mobilization are expected to begin mid-2014, with six ROV systems being installed on three of the McDermott vessels.
Canyon’s President Ian Edmonstone said, “We are extremely proud that McDermott has chosen Canyon to support their subsea project ROV needs and look forward to providing a value-added service to McDermott on all of their subsea support vessels. We believe McDermott selected Canyon based on our track record of deepwater construction ROV services, our quality and safety systems and most importantly, our experienced staff of operators. We look forward to a long and mutually successful relationship.”
Helix Energy Solutions Group, headquartered in Houston, Texas, is an international offshore energy company that provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations. For more information about Helix, please visit our website at www.HelixESG.com.
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