Helix Energy Solutions Group has signed the charter contracts with Petrobras for offshore units Siem Helix 1 and Siem Helix 2. The units remain under marine management of Siem / Sea1. Valued at approximately $786 million, contracts span three years with three years option.
As Helix worked to secure these bids over the past year, Siem ensured continuity of their role as the marine manager for both units.
“These contracts pertain to offshore units rather than traditional marine contracts. As such, the Siem Helix 1 and 2 are not subject to circularization or other common procedures associated with vessel charters, reflecting the specialized and advanced nature of rigless operations driven by Petrobras distinct operational experience”, reveals Raphael Montes, Proposals Manager at WSB Advisors.
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Tag: Helix
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Siem Helix and Siem Helix 2: new contracts
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Petrobras OSRV tender
Petrobras’ tender for the contracting of up to four OSRVs closed yesterday with the offers delivered. Owners are granted 120 days to mobilize the vessel with commencement scheduled for October 2023. Contract period is of 1460 days firm. Bram Offshore stroke the first four positions (C-Ambassador, C-Admiral, C-Sailor, C-Aclaim) at USD 18.222,00 followed by Marlin Yare and Singrar from Marlin Navegação and Navemestra respectively at USD 18.300,00 and USD 19.000,00. Petrobras’ final tender results with awards shall come out in the following weeks with rounds of technical approvals followed by negotiations.
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Decommissioning activity (P&A)
Helix Energy Solutions recently announced a new deepwater well decommissioning (P&A) contract with Shell Brasil. The project is expected to start in 2024 with a 1-year firm contract period for the Bijupirá&Salema fields, located in Campos Basin. Helix will employ the riser-based well intervention vessel Q7000 for this project. The DP3 equipped vessel can perform production enhancement operations such as well clean-up and field development support as well as decommissioning activities in water depths up to 3,000 meters. Shell Brasil acquired the fields and FPSO Fluminense from Enterprise Oil in the early 2000’s becoming a pioneer on the offshore production in Brazil.