BP contracts Helix Q5000 for deepwater GoM interventions

Offshore staff

HOUSTON – BP (NYSE:BP) has entered a five-year contract with Helix Energy Solutions Group Inc. (NYSE:HLX) to use the deepwater Q5000 vessel for well intervention services in the Gulf of Mexico.

The Q5000 is being built in Singapore, and the offshore work is expected to begin between April and August of 2015 following delivery from the shipyard.

The agreement also includes options for additional days each year and extension for two consecutive one-year terms.

4/05/2013

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