Helix proceeds with newbuild semisub

Helix Energy Solutions Group, Inc. announced plans to proceed with the construction of a second newbuild semisubmersible well intervention vessel, to be named the Q7000.

Owen Kratz, Helix’s President and CEO, stated, “Based on strong market demand and our proven success for delivering specialized deepwater well intervention services, we are moving forward with the Q7000, which is consistent with our strategy of expanding our well intervention fleet around the world.”