HLX

Helix Energy Solutions Group, Inc. operates as an international offshore energy services company specializing in well intervention, robotics, and production facilities for oil and gas operators. Headquartered in Houston, Texas, the company provides critical services across the full life cycle of offshore oil and gas fields, from development and construction to production and decommissioning. Helix operates through three primary business segments: Well Intervention, which deploys specialized vessels for subsea well operations; Robotics, offering remotely operated vehicles and advanced subsea equipment; and Production Facilities, providing floating production systems and processing equipment. The company maintains a fleet of specialized vessels including the Q7000 and Q5000 well intervention vessels, along with production semi-submersibles operating primarily in the Gulf of Mexico, North Sea, and Asia Pacific regions. Helix employs approximately 1,400 personnel worldwide and operates facilities in multiple countries. The company reported revenues of $878 million in 2022. Recent developments include expanding its robotics capabilities through technology investments and securing long-term production facility contracts in international markets. Helix serves major oil companies and independent operators, positioning itself as a key provider of specialized offshore services in a market characterized by aging infrastructure requiring maintenance and decommissioning expertise. The company's diverse asset base and technical capabilities enable it to address complex offshore energy challenges.