Petrobras, Helix Ink Lucrative $786M Well Intervention Deals

Petrobras (PBR) , a leading energy company in Brazil, and Helix Energy Solutions Group, Inc. (HLX) , a Houston-based provider of oil and gas equipment and services, signed new three-year charter and service contracts for the Siem Helix 1 and Siem Helix 2 vessels. These advanced, riser-based well-intervention vessels will operate in offshore Brazil, with the contracts valued at approximately $786 million. This move continues the companies' longstanding partnership, ensuring that the energy needs in the Santo ...