Helix Energy Solutions Group, Inc. (NYSE: HLX), an international offshore energy services company headquartered in Houston, Texas, has joined Trendsetter Engineering, Inc. in a global partnership to provide integrated hydraulic intervention services for subsea wells and flowlines.
The new partnership will integrate Trendsetter’s 15,0000psi Subsea Tree Injection Manifold (15K STIM) and experienced personnel into Helix’s state-of-the-art fleet of well intervention vessels and equipment used to perform well services globally. Helix’s well intervention vessels include the Q4000, the Q5000, the Q7000, the Seawell, the Well Enhancer, and two chartered monohull vessels, the Siem Helix 1 and the Siem Helix 2.
Jonathan Rourke, General Manager of Helix’s Subsea Systems Intervention Group, stated “We are delighted to have reached this agreement with Trendsetter Engineering, representing a collaboration between two industry leaders with expertise, experience and capabilities in the global well intervention market. This partnership will expand Helix’s intervention capabilities to further provide cost-effective and efficient alternative solutions to our end clients, and further reduce financial risks.”
“This collaboration with Helix allows us to streamline contracting, improve operational efficiency and mitigate the operational and financial risks typically associated with hydraulic intervention operations.” said Mike Cargol, VP of Rentals & Services for Trendsetter Engineering. “Although the initial focus is hydraulic intervention, we are excited about what the future holds for Helix and Trendsetter and look forward to collaborating further in order to provide additional value-added services to our clients.”
About Helix Energy Solutions
Helix Energy Solutions Group, Inc. is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations. For more information please visit www.HelixESG.com.
About Trendsetter Engineering
Trendsetter Engineering, Inc. founded in 1996, is a privately owned oil and gas service company based in Houston, Texas, that provides specialized subsea hardware and offshore service solutions globally from exploration drilling through abandonment. For more information please visit www.trendsetterengineering.com.