- Maximizing the output of hydrocarbons from an existing well
- Extending the life of a field that continues to produce
- Mitigating the need to replace production reserves
- Mitigating the need to drill new wells thereby avoiding the emissions from such drilling
Sustainability at Helix
At Helix, sustainability means operating with integrity, reducing our environmental footprint, and supporting the people and communities we serve.
Letter to Stakeholders
With operations worldwide, we balance energy transition and energy security — maximizing existing reserves, supporting renewables, and reducing decommissioning costs. Guided by our Sustainability Priorities, we show these goals can coexist, and we now share our progress through an interactive digital Sustainability Platform.
Our Company
Since 2012, the Helix business model has been focused on the late life aspects of the Oil & Gas market and providing specialty support to the development of offshore wind Renewables and energy.
Through the years, we have maintained incremental growth and a strong balance sheet with an overarching focus on our Safety, Sustainability and Value Creation. We offer services in three areas key to our Energy Transition strategy.
Maximizing existing reserves
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Abandonment & Decommissioning
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- Shallow and deepwater well abandonment
- Properly plugging and abandoning wells to prevent future uncontrolled releases, including potential methane leakage in Gulf of America shelf
- Asset retirement obligation (ARO) solutions
- Operations that are quicker and more efficient than a conventional drilling vessel (drillship)
Offshore renewables & windfarms
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- Assisting with the implementation of alternative energy sources
- Applying techniques and technologies proven in offshore oil and gas fields in the renewables space
Our Global Operations
Sustainability Priorities
People
While we maintain a fleet of superior vessels and equipment throughout the world, it is our employees that truly make Helix a premier service provider by providing best-in-class service 24 hours a day, 7 days a week, 365 days a year.
To hire, retain and develop top talent, we prioritize a work environment based on integrity, respect and inclusion and working conditions aligned with international standards respecting human rights.
Environmental Impact and Energy Transition
Our mission is to be the premier provider and partner of choice for offshore well intervention services, decommissioning and renewable energy support, while providing these services in a manner that meets evolving environmental standards and our own greenhouse gas emission and energy reduction goals.
We strive to minimize our impact on the ecosystems and biodiversity of the waters where we operate.
Value Creation
By providing our customers with superior service using more efficient vessels and tools, we play a critical role in maximizing existing reserves and decommissioning wells throughout the world.
In addition, we are focused on capital discipline, cash flow generation and returns to our shareholders.
Health & Safety
With over 1,800+ offshore employees globally, the health and safety of our workforce is our number one priority.
We provide our employees with the resources, support, and tools to perform their jobs safely, efficiently and in an environmentally conscious way.
Safety is a performance metric that is core to our Company’s culture.
Governance
We believe that solid corporate governance practices are the foundation of lasting performance, and we are committed to maintaining best practices in governance, with appropriate Board oversight of strategy and risk, including entrustment of Sustainability oversight to our Board’s Corporate Governance and Nominating Committee.
Ethics
Obeying the law, both in letter and in spirit, is the foundation on which Helix’s ethical standards are built.
Ingraining ethical behavior into all interactions through the implementation of our Code of Business Conduct and Ethics is paramount throughout our organization.
Our Key Services
We provide a range of services to the oil and gas and renewable energy markets primarily in the Gulf of America (deepwater and shelf), U.S. East Coast, Brazil, North Sea, Asia Pacific and West Africa regions.
What we do - Well Intervention & Robotics Services
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- Production Enhancement
- Deepwater Decommissioning
- Shallow Water Decommissioning
- Oil and Natural Gas Processing
- Field Development
- Well Control Response
What we do - Renewables
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- Inter-Array Cable Burial
- Unexploded Ordnance Survey
- Boulder Clearance Subsea Trenching
What we don't do
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- Ownership of Onshore Wells
- Hydraulic Fracturing
- Drilling
Decommissioning Services
| Planning & Engineering | Well P&A | Pipeline & Subsea Infrastructure Removal | Platform Removal | Site Clearance & Reclamation | |
|---|---|---|---|---|---|
| Shallow Water | |||||
| Deep Water |
Helix Alliance
Helix Well Ops
Helix Robotics Solutions
Resource Guide
This section brings together key sustainability materials to help you quickly access the information you need. Use the dropdown menus for our Quick Reference Guide and Legacy Sustainability Reports, or follow the links below to view specific resources.
2022-2024 Data Table
Quick Reference Guide
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Code of Ethics for CEO and SFO
Code of Business Conduct and Ethics
Statement on Human Rights
Anti-Corruption Compliance Policy
Supplier and Vendor Expectations
Health, Safety & Security Statement of Policy
Environmental & Energy Statement of Policy
HdB Data Protection Policy
Helix Global Tax Strategy
HdB Equal Pay and Remuneration Criteria Report
Legacy Sustainability Reports
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2024 Helix ESG Corporate Sustainability Report
2023 Helix ESG Corporate Sustainability Report
2022 Helix ESG Corporate Sustainability Report
2021 Helix ESG Corporate Sustainability Report
2020 Helix ESG Corporate Sustainability Report
2020 Helix Corporate Sustainability Summary Update
2019 Helix ESG Corporate Sustainability Report
Scope
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The information found in the “Sustainability” section of our website, including data tables (collectively, the “2025 Report”) contains content focusing primarily on Helix Energy Solutions Group, Inc. and its affiliates’ and subsidiaries’ (collectively, “we” or “our”) corporate performance and operations during calendar year 2024, unless otherwise indicated.
Information regarding some known events or activities outside such time frame are also included and noted. The 2025 Report is designed to align with the Task Force for Climate-Related Financial Disclosure (TCFD) voluntary reporting framework, and is designed to provide a comprehensive view of our business, potential climate-related risks and opportunities, and strategies for managing them.
Our disclosures are also guided by the Applicable Value Reporting Foundation’s Sustainability Accounting Standards Board (SASB) - Oil and Gas Services Standard, Institutional Shareholder Services Inc. (ISS), Sustainalytics and the Global Reporting Initiative (GRI).
Methodology, Assurance and Review
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The 2025 Report uses qualitative descriptions and quantitative metrics to describe our policies, programs, practices and performance. Many of the metrics used in preparing the 2025 Report may contain information that is inherently difficult to measure, and methods for collecting data continue to evolve and may contain estimates or assumptions believed to be reasonable at the time of preparation. The accuracy and reliability of this data depend on the availability, sufficiency and quality thereof and the methodologies used for its measurement and estimation. Changes to the data may be reported as updated data and/or other methodologies become available.
Helix’s Internal Audit and Financial Reporting teams led the review and assurance process with respect to the quantitative data, methodologies and reporting contained in the 2025 Report.
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