Helix Energy Solutions Group Inc. outlined its offshore services portfolio and 2025 outlook at the Pickering Energy Partners Energy Conference. The company highlighted four operating areas—Well Intervention, Subsea Robotics, Shallow Water Abandonment, and Production Facilities—and described its fleet and equipment, including seven purpose-built well intervention vessels, subsea trenchers, work-class ROVs, and shallow-water decommissioning assets. Helix reported a $1.3 billion backlog and $375 million of liquidity as of June 30, 2025, with net debt of approximately $(8) million. The company provided 2025 guidance of $1.20–$1.30 billion in revenue, $225–$265 million in adjusted EBITDA, and $90–$140 million in free cash flow, and discussed expected drivers affecting performance in the second half of 2025 across its segments. You can access the full presentation through the link below.
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