Helix reported third quarter net income of $60.6 million, or $0.65 per diluted share. This compares to net income of $82.8 million, or $0.88 per diluted share, reported for the third quarter of 2007, and net income of $90.9 million, or $0.96 per diluted share, in the second quarter of 2008.
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Well intervention vessel Q4000 receives the President's Safety Award for setting two records for operations with no lost time incidents.