14 July 2025
Helix Energy Solutions Announces Three-Year Plug and Abandonment Agreement.
Award further demonstrates Helix's strength as a leading well intervention services provider in the U.S. Gulf.
Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) is pleased to announce that its Louisiana-based shallow water abandonment group, Helix Alliance, has secured a three-year framework agreement ("Agreement") with ExxonMobil for offshore plug and abandonment ("P&A") services.
"This agreement underscores our commitment to delivering high-value, fit-for-purpose decommissioning services," said Owen Kratz, President and Chief Executive Officer of Helix. "This agreement also demonstrates Helix Alliance's position as a trusted partner for comprehensive offshore solutions, providing well intervention, diving, heavy lift, and marine support services on the U.S. Gulf of America shelf."