Helix Energy Solutions Secures Three-Year Plug and Abandonment Contract with ExxonMobil

Reuters
07-15
Helix Energy Solutions Secures Three-Year <a href="https://laohu8.com/S/PLUG">Plug</a> and Abandonment Contract with ExxonMobil

Helix Energy Solutions Group Inc. has announced a significant three-year framework agreement with ExxonMobil for offshore plug and abandonment services. This new contract highlights Helix's strength in providing well intervention services in the U.S. Gulf. The agreement, secured by Helix's Louisiana-based shallow water abandonment group, Helix Alliance, emphasizes the company's commitment to delivering high-value decommissioning services. Owen Kratz, President and CEO of Helix, noted that the agreement reinforces Helix Alliance's role as a trusted partner in offering comprehensive offshore solutions, including well intervention, diving, heavy lift, and marine support services on the U.S. Gulf of America shelf.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Helix Energy Solutions Group Inc. published the original content used to generate this news brief on July 14, 2025, and is solely responsible for the information contained therein.

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